The prices in real estate in Chatham, 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 Chatham has increased strongly during the last 6 months. In October, the average price per sq.feet was $514. In the following month the price per sq.feet increased to $579. The price for the following two months in (December, January) had a considerable increment of 295 %. The price per sq.feet has had a considerable increase of 799 % 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 $1,078.25 to $8,620.5 during February, and March.
Based upon to the price in Chatham (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $1,387,637. During November the price went through a considerable rise reaching $1,744,786. During the following two months (December, January) the average price had a considerable increase of 118 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $1,710,708.75 to $1,562,503 in February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 24 % cheaper than the average price of $1,146,143 in Chatham. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 24 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 93 % cheaper than the average price of ($586 / sq.feet) in Chatham. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 93 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Chatham we can see that the cheapest property type is "House" at a price of $1,146,143, they are 24 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 24 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $586 / sq.feet. "House" with an average cost of $586 / sq.feet has the lowest price and would be directed at less affluent cities.