The prices in real estate in Wilkes Barre, in the Pennsylvania region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Wilkes Barre has fallen in the last 6 months. In June, the average price per sq.feet was $67. In the following month the price per sq.feet increased to $72. The price for the following two months in (August, September) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 80 % 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 $67.5 to $54 during October, and November.
Based upon to the price in Wilkes Barre (cities), this has gone downing the last 6 months. The price in June is $115,178, rising in July till $122,925. During the following two months (August, September) the average price had a considerable reduction of 78 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $105,710 to $93,298 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $118,613 they are 21 % more affordable than the average price for Wilkes Barre. The properties with the lowest average price have 3 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 4 bedrooms priced at $116,510.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $47 / sq.feet, with an average $60 / sq.feet price in Wilkes Barre. The properties with the highest average prices have 3 bedrooms. They are 22 % more expensive than the average followed by properties with 4 bedrooms with a price at $63 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $118,613 it is 65 % cheaper than the average price in Wilkes Barre. "Commercial" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $96,751 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $17 / sq.feet followed by "Commercial" priced at $32 / sq.feet. "House" is the most costly type of property with a $63 / sq.feet cost followed by "Commercial" with an average price of $32 / sq.feet.