The prices in real estate in Bolton, 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 Bolton has increased strongly during the last 6 months. In October, the average price per sq.feet was $343. In November this price pretty much remained the same at a value of $339 per sq.feet. The price for the following two months in (December, January) decreased 93 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 13480 % 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 $328.75 to $44,314.5 during February, and March.
Based upon to the price in Bolton (cities), this has gone downing the last 6 months. The average price during our first sample month during October, is $1,086,921. During November the price went through a considerable rise reaching $1,262,380. During the following two months (December, January) the average price had a considerable reduction of 76 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,033,682.75 to $856,256.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $963,656 they are 17 % more affordable than the average price for Bolton. The properties with the lowest average price have 1 bedroom, Their price is 17 % cheaper than the average. After that we have properties with 2 bedrooms priced at $799,143.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $173 / sq.feet, with an average $33,340 / sq.feet price in Bolton. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $173 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $963,656 it is 21 % cheaper than the average price in Bolton. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial Property". At a price of $764,868 it is 17 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $160 / sq.feet followed by "House" priced at $173 / sq.feet. "House" is the cheapest type of property with a $173 / sq.feet value followed by "Commercial Property" with an average price of $160 / sq.feet.