The prices in real estate in Chelmsford, in the Massachusetts region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Chelmsford has remained the same in the last 6 months. In May, the average price per sq.feet was $265. In the following month the price per sq.feet increased to $281. In the following two months the price per sq.feet has barely changed, going from $273 to $260 per sq.feet. 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 $266.5 to $262 during September y October
Based upon to the price in Chelmsford (cities), this has fallen considerably in the last 6 months. In our first sample month during May, the average price is $588,739. In June This price remains at $594,991. During the following two months (July, August) the average price had a considerable reduction of 77 % 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 86 %, going from $523,412.25 to $450,683.5 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $464,585 they are 39 % more affordable than the average price for Chelmsford. The properties with the highest average price have 4 bedrooms, Their price is 39 % more costly than the average. After that we have properties with 3 bedrooms priced at $526,848.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $249 / sq.feet, with an average $264 / sq.feet price in Chelmsford. The properties with the highest average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $267 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $464,585 it is 56 % cheaper than the average price in Chelmsford. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $403,598 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $162 / sq.feet followed by "Farm" priced at $197 / sq.feet. "House" is the most costly type of property with a $282 / sq.feet cost followed by "Condo" with an average price of $256 / sq.feet.