The prices in real estate in Amesbury, in the Massachusetts region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Amesbury has increased strongly during the last 6 months. In January, the average price per sq.feet was $223. In the following month the price per sq.feet increased considerably to $318. The price for the following two months in (March, April) had a considerable increment of 122 %. The price per sq.feet has had a considerable increase of 443 % 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 $300.75 to $1,331 during May, and June.
Based upon to the price in Amesbury (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $461,551. During February the price went through a considerable rise reaching $655,304. During the following two months (March, April) the average price had a considerable increase of 119 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $636,228 they are 50 % more affordable than the average price for Amesbury. The properties with the lowest average price have 4 bedrooms, Their price is 9 % cheaper than the average. After that we have properties with 2 bedrooms priced at $451,021.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $189 / sq.feet, with an average $2,296 / sq.feet price in Amesbury. The properties with the lowest average prices have 1 bedroom. They are 88 % cheaper than the average followed by properties with 2 bedrooms with a price at $278 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $636,228 it is 35 % cheaper than the average price in Amesbury. "House" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Commercial". At a price of $453,340 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $194 / sq.feet followed by "Condo" priced at $222 / sq.feet. "Townhouse" is the cheapest type of property with a $247 / sq.feet value followed by "Condo" with an average price of $222 / sq.feet.