The prices in real estate in West Grove, in the Pennsylvania region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in West Grove has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $7,863. In the following month the price per sq.feet decreased considerably to $154. The price for the following two months in (July, August) had a considerable decrease of 4 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 8 % 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 $2,083 to $177 during September, and October.
Based upon to the price in West Grove (cities), this has gone downing the last 6 months. The price in May is $414,450, rising in June till $444,183. During the following two months (July, August) the average price had a considerable reduction of 76 % 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 107 % 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 $443,668 they are 41 % 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 1 bedroom priced at $431,391.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $139 / sq.feet, with an average $169 / sq.feet price in West Grove. The properties with the lowest average prices have 3 bedrooms. They are 12 % cheaper than the average followed by properties with 2 bedrooms with a price at $144 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $443,668 it is 28 % 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 "Townhouse". At a price of $406,653 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $139 / sq.feet followed by "House" priced at $143 / sq.feet. "Commercial" is the most costly type of property with a $203 / sq.feet cost followed by "House" with an average price of $143 / sq.feet.