Property prices for sale in Rhode Island region

The price per sq.feet in Rhode Island has risen considerably in the last 6 months. During November, the average price per sq.feet was $969. The following month (December) the price had a considerable deflation reaching $380 per sq.feet. The following two months (January, February) went through a considerable deflation of 42 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant increase of 117 %. This has been obtained by comparing the price of $479.5 for the first four months of the sample with regard to the previous 4 months and the price of $561 per sq.feet for the last two months (March, April).

Based upon to the price in Rhode Island(region), these have remained the same in the last 6 months. The average price in November is $580,468. In December the price increased to $643,789. The average price for the following two months (January, February) decreased 93 % compared to the prior two. During the last two months the average price has remained stagnant and has gone from $591,183 to $586,006 during March and April.

The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 52 % more affordable than the average price in Rhode Island followed by those with 2 with an average price of $428,394. The most costly properties have 4 bedrooms. They are 42 % more expensive than the average followed by those properties with 3 bedrooms priced at $554,302.

Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $328 / sq.feet being $379 / sq.feet the average value within the Rhode Island region. The properties with the most expensive average price are those with 1 bedroom. These are 4 % more costly than the average followed by those with 3 bedrooms with a price of $373 / sq.feet.

The graph displaying the average price according to the property type shows "Condo" as the cheapest one. With an average cost of $611,342 it is 30 % more affordable than the average in Rhode Island. This is followed by "Land" with a price of $451,657. The dearest property type is "Commercial" and is 18 % more expensive than the average, followed by "House" with a cost of $676,681.

Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $257 / sq.feet, followed by "Condo" with a price of $320 / sq.feet. "Land" with an average price of $43,556 / sq.feet is the most costly type of property followed by "Apartment" at a price of $801 / sq.feet.