Property prices for sale in Amherst (Massachusetts)

The prices in real estate in Amherst, 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.

$529,526.5
Average price last 6 months
$3,641.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Amherst has increased strongly during the last 6 months. In October, the average price per sq.feet was $290. In the following month the price per sq.feet decreased to $275. The price for the following two months in (December, January) had a considerable increment of 315 %. The price per sq.feet has had a considerable increase of 1666 % 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 $585.5 to $9,752.5 during February, and March.

Average price

Based upon to the price in Amherst (cities), these have remained the same in the last 6 months. The average price for October is $532,437. During November the price had a slight fall till $502,177. In the following two months the average price has remained the same with regard to the previous two months from $517,307 to $534,353. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $525,830 and $536,919.5 between February and March.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $531,683 they are 67 % more affordable than the average price for Amherst. The properties with the highest average price have 4 bedrooms, Their price is 55 % more costly than the average. After that we have properties with 3 bedrooms priced at $463,640.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $198 / sq.feet, with an average $9,246 / sq.feet price in Amherst. The properties with the lowest average prices have 3 bedrooms. They are 97 % cheaper than the average followed by properties with 1 bedroom with a price at $246 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $531,683 it is 49 % cheaper than the average price in Amherst. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $612,608 it is 26 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $229 / sq.feet followed by "House" priced at $277 / sq.feet. "Land" is the most costly type of property with a $162,352 / sq.feet cost followed by "Detached House" with an average price of $286 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Amherst
Number of properties used in region Massachusetts
$531,683
$9,246
468
310,844
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value