The prices in real estate in West Grove, 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 West Grove has increased strongly during the last 6 months. In October, the average price per sq.feet was $190. In the following month the price per sq.feet increased to $204. In the following two months the price per sq.feet has increased 106 %, going from $197 to $208 per sq.feet. The price per sq.feet has had a considerable increase of 123 % 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 $202.5 to $248.5 during February, and March.
Based upon to the price in West Grove (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $495,269. In November This price remains at $492,251. During the following two months (December, January) the price has had an average incrementation from $493,760 to $555,109. Based on an analysis of the first four prices and the last two months the average price has risen strongly 143 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $618,700 they are 39 % more affordable than the average price for West Grove. The properties with the lowest average price have 4 bedrooms, Their price is 3 % cheaper than the average. After that we have properties with 3 bedrooms priced at $520,053.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $166 / sq.feet, with an average $218 / sq.feet price in West Grove. The properties with the highest average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 3 bedrooms with a price at $228 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $618,700 it is 51 % cheaper than the average price in West Grove. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $362,739 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $162 / sq.feet followed by "Condo" priced at $164 / sq.feet. "House" is the cheapest type of property with a $208 / sq.feet value followed by "Townhouse" with an average price of $166 / sq.feet.