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 October, the average price per sq.feet was $157. The following month (November) the price had a considerable increase reaching $183 per sq.feet. In the following two months (December, January) the price per sq.feet has risen strongly to a 160 %. In the last two months, the price per sq.feet has had a significant decrease of 81 %. This has been obtained by comparing the price of $221.25 for the first four months of the sample with regard to the previous 4 months and the price of $179 per sq.feet for the last two months (February, March).
Based upon to the price in Pennsylvania(region), this has increased in the last 6 months. In the first month sample October the average price is $322,630. In November the price was the same at $337,601. In the following two months the average price didn't change much compared to the previous two going from $330,115.5 to $331,544. During the last two months the average price has remained stagnant and has gone from $330,829.75 to $346,773.5 during February and March.
The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 43 % more affordable than the average price in Pennsylvania followed by those with 3 with an average price of $235,225. The most costly properties have 4 bedrooms. They are 1 % more expensive than the average followed by those properties with 1 bedroom priced at $258,000.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $145 / sq.feet being $201 / sq.feet the average value within the Pennsylvania region. The properties with the most expensive average price are those with 1 bedroom. These are 58 % more costly than the average followed by those with 2 bedrooms with a price of $204 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $371,066 it is 47 % more affordable than the average in Pennsylvania. This is followed by "Townhouse" with a price of $331,713. The dearest property type is "Commercial" and is 142 % more expensive than the average, followed by "House" with a cost of $519,390.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $105 / sq.feet, followed by "House" with a price of $188 / sq.feet. "Land" with an average price of $32,530 / sq.feet is the most costly type of property followed by "Townhouse" at a price of $8,053 / sq.feet.