The prices in real estate in Bourne, in the Massachusetts region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Bourne has fallen in the last 6 months. In May, the average price per sq.feet was $269. In the following month the price per sq.feet decreased to $243. In the following two months the price per sq.feet has barely changed, going from $256 to $250.5 per sq.feet. The price per sq.feet has decreased 91 % 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 $253.25 to $229.5 during September, and October.
Based upon to the price in Bourne (cities), this has fallen considerably in the last 6 months. The average price for May is $563,080. During June the price had a slight fall till $489,552. During the following two months (July, August) the average price fell 89 % 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 $497,730.75 to $416,650.5, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $421,020 they are 66 % more affordable than the average price for Bourne. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at $389,676.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $217 / sq.feet, with an average $225 / sq.feet price in Bourne. The properties with the highest average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 3 bedrooms with a price at $234 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $421,020 it is 2 % more expensive than the average price in Bourne. "Commercial" is seen as the second dearest property type. The dearest property type is "Commercial" followed by "House". At a price of $431,389 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $233 / sq.feet followed by "Commercial" priced at $258 / sq.feet. "Commercial" is the most costly type of property with a $258 / sq.feet cost followed by "House" with an average price of $233 / sq.feet.