The prices in real estate in Willow Street, 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 Willow Street has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $205. In the following month the price per sq.feet decreased considerably to $155. The price for the following two months in (September, October) had a considerable decrease of 71 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 81 % 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 $154 to $125 during November, and December.
Based upon to the price in Willow Street (cities), this has fallen considerably in the last 6 months. The average price for July is $571,234. During August the price had a considerable reduction till $473,462. During the following two months (September, October) the average price had a considerable reduction of 59 % 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 $416,089 to $366,679 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $399,953 they are 52 % more affordable than the average price for Willow Street. The properties with the lowest average price have 4 bedrooms, Their price is 25 % cheaper than the average. After that we have properties with 1 bedroom priced at $193,229.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $88 / sq.feet, with an average $125 / sq.feet price in Willow Street. The properties with the lowest average prices have 4 bedrooms. They are 4 % cheaper than the average followed by properties with 1 bedroom with a price at $88 / sq.feet.
With regard to the average price based upon the property in Willow Street we can see that the cheapest property type is "House" at a price of $299,546, they are 25 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 25 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $120 / sq.feet. "House" with an average cost of $120 / sq.feet has the lowest price and would be directed at less affluent cities.