The average price in the Pennsylvania region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in Pennsylvania has increased strongly in the last 6 months. During February, the average price per sq.feet was $163. The following month the price decreased to $146 per sq.feet. In the following two months (April, May) the price per sq.feet has risen strongly to a 3097 %. In the last two months, the price per sq.feet has had a significant decrease of 15 %. This has been obtained by comparing the price of $2,469.5 for the first four months of the sample with regard to the previous 4 months and the price of $367.5 per sq.feet for the last two months (June, July).
Based upon to the price in Pennsylvania(region), these have remained the same in the last 6 months. February has an average price of $327,180. During March the price had a slight deflation till $283,908. The average price for the following two months (April, May) increased from $305,544 to $340,372. During the last two months the average price has remained stagnant and has gone from $322,958 to $325,235.5 during June and July.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 63 % more affordable than the average price in Pennsylvania followed by those with 2 with an average price of $183,491. The most costly properties have 4 bedrooms. They are 53 % more expensive than the average followed by those properties with 3 bedrooms priced at $297,984.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $108 / sq.feet being $426 / sq.feet the average value within the Pennsylvania region. The properties with the most expensive average price are those with 3 bedrooms. These are 332 % more costly than the average followed by those with 4 bedrooms with a price of $930 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $311,115 it is 72 % more affordable than the average in Pennsylvania. This is followed by "Office" with a price of $277,589. The dearest property type is "Condo" and is 38 % more expensive than the average, followed by "House" with a cost of $415,810.
Based on the average cost per sq.feet the cheapest property type is "Office with a an average cost of $126 / sq.feet, followed by "Apartment" with a price of $316 / sq.feet. "Townhouse" with an average price of $18,161 / sq.feet is the most costly type of property followed by "Land" at a price of $15,212 / sq.feet.