The prices in real estate in Chatham, in the Massachusetts region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Chatham has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $10,748. In the following month the price per sq.feet increased considerably to $14,375. The price for the following two months in (July, August) had a considerable decrease of 73 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 53 % 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 $10,885.5 to $5,768.5 during September, and October.
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 May, is $1,385,285. During June the price went through a considerable rise reaching $1,725,855. During the following two months (July, August) the average price had a considerable increase of 119 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,706,651.25 and $1,658,743 between September and October.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 29 % cheaper than the average price of $1,138,141 in Chatham. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 29 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 17 % cheaper than the average price of ($579 / 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 17 % 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 $1,138,141, they are 29 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 29 % 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 $579 / sq.feet. "House" with an average cost of $579 / sq.feet has the lowest price and would be directed at less affluent cities.