The prices in real estate in Charlestown, 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 Charlestown has fallen in the last 6 months. In November, the average price per sq.feet was $833. In the following month the price per sq.feet decreased to $770. The price for the following two months in (January, February) decreased 94 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $779.25 to $804 during March y April
Based upon to the price in Charlestown (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $1,269,333. During December the price went through a considerable rise reaching $1,840,000. During the following two months (January, February) the price has had an average incrementation from $1,554,666.5 to $1,703,083.5. During the last two months the average price has had a strong fall compared to the previous four going from $1,628,875 to $1,042,056.5, which means a 64 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,142,225 they are 43 % more affordable than the average price for Charlestown. The properties with the highest average price have 4 bedrooms, Their price is 166 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,239,254.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $745 / sq.feet, with an average $808 / sq.feet price in Charlestown. The properties with the highest average prices have 4 bedrooms. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at $867 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,142,225 it is 16 % cheaper than the average price in Charlestown. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $1,081,376 it is 64 % 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 $505 / sq.feet followed by "Apartment" priced at $808 / sq.feet. "House" is the most costly type of property with a $897 / sq.feet cost followed by "Apartment" with an average price of $808 / sq.feet.