The prices in real estate in Belmont, in the New Hampshire region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Belmont has increased during the last 6 months. In October, the average price per sq.feet was $317. In November this price pretty much remained the same at a value of $318 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $317.5 to $346.5 per sq.feet. The price per sq.feet has had a considerable increase of 115 % 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 $332 to $382 during February, and March.
Based upon to the price in Belmont (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $574,344. In November This price remains at $570,882. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. 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 $557,716.25 and $531,532.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $528,491 they are 32 % more affordable than the average price for Belmont. The properties with the highest average price have 4 bedrooms, Their price is 59 % more costly than the average. After that we have properties with 3 bedrooms priced at $648,396.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $294 / sq.feet, with an average $423 / sq.feet price in Belmont. The properties with the lowest average prices have 1 bedroom. They are 8 % cheaper than the average followed by properties with 3 bedrooms with a price at $350 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $528,491 it is 77 % cheaper than the average price in Belmont. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $603,647 it is 21 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $193 / sq.feet followed by "House" priced at $322 / sq.feet. "Land" is the most costly type of property with a $104,261 / sq.feet cost followed by "Detached House" with an average price of $334 / sq.feet.