Property prices for sale in Chelsea (Massachusetts)

The price per sq.feet in Chelsea has fallen in the last 6 months. In October, the average price per sq.feet was $521. In November this price pretty much remained the same at a value of $525 per sq.feet. The price for the following two months in (December, January) decreased 95 % with regard to the prior two months. The price per sq.feet has decreased 94 % 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 $509 to $476.5 during February, and March.

Based upon to the price in Chelsea (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $614,967. In November This price remains at $607,190. During the following two months (December, January) the price has had an average incrementation from $611,078.5 to $649,078. 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 $630,078.25 and $603,674 between February and March.

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $594,576 they are 31 % more affordable than the average price for Chelsea. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 3 bedrooms priced at $568,335.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $353 / sq.feet, with an average $482 / sq.feet price in Chelsea. The properties with the highest average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 2 bedrooms with a price at $570 / sq.feet.

The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $594,576 it is 37 % cheaper than the average price in Chelsea. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $1,004,167 it is 78 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $246 / sq.feet followed by "Detached House" priced at $307 / sq.feet. "Condo" is the most costly type of property with a $544 / sq.feet cost followed by "Apartment" with an average price of $513 / sq.feet.