The prices in real estate in Billerica, in the Massachusetts 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 Billerica has increased during the last 6 months. In November, the average price per sq.feet was $294. In December this price pretty much remained the same at a value of $307 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $300.5 to $301.5 per sq.feet. The price per sq.feet has increased 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 $301 to $346 during March, and April.
Based upon to the price in Billerica (cities), these have remained the same in the last 6 months. The average price for November is $620,831. During December the price had a slight fall till $560,267. In the following two months the average price has remained the same with regard to the previous two months from $590,549 to $580,612.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $635,000 they are 25 % more affordable than the average price for Billerica. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 1 bedroom priced at $716,633.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $312 / sq.feet, with an average $307 / sq.feet price in Billerica. The properties with the highest average prices have 1 bedroom. They are 184 % more expensive than the average followed by properties with 2 bedrooms with a price at $328 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $635,000 it is 36 % cheaper than the average price in Billerica. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $583,233 it is 6 % 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 $251 / sq.feet followed by "Townhouse" priced at $278 / sq.feet. "House" is the most costly type of property with a $314 / sq.feet cost followed by "Townhouse" with an average price of $278 / sq.feet.