The prices in real estate in Waynesboro, in the Pennsylvania region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Waynesboro has increased strongly during the last 6 months. In October, the average price per sq.feet was $152. In November this price pretty much remained the same at a value of $149 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $150.5 to $152 per sq.feet. The price per sq.feet has had a considerable increase of 555 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $151.25 to $839 during February, and March.
Based upon to the price in Waynesboro (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $291,958. In November This price remains at $303,696. During the following two months (December, January) the average price fell 92 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $307,557 they are 57 % more affordable than the average price for Waynesboro. The properties with the lowest average price have 4 bedrooms, Their price is 17 % cheaper than the average. After that we have properties with 1 bedroom priced at $234,971.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $48 / sq.feet, with an average $168 / sq.feet price in Waynesboro. The properties with the lowest average prices have 1 bedroom. They are 52 % cheaper than the average followed by properties with 3 bedrooms with a price at $67 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $307,557 it is 56 % cheaper than the average price in Waynesboro. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $217,974 it is 23 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $37 / sq.feet followed by "Townhouse" priced at $50 / sq.feet. "House" is the cheapest type of property with a $69 / sq.feet value followed by "Townhouse" with an average price of $50 / sq.feet.