The prices in real estate in Chepachet, in the Rhode Island 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 Chepachet has fallen in the last 6 months. In October, the average price per sq.feet was $327. In the following month the price per sq.feet decreased to $299. In the following two months the price per sq.feet has barely changed, going from $313 to $303.5 per sq.feet. The price per sq.feet has decreased 88 % 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 $308.25 to $272.5 during February, and March.
Based upon to the price in Chepachet (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $476,496. In November This price remains at $459,419. During the following two months (December, January) the average price fell 86 % 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 $434,988.5 and $414,973 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $404,975 they are 32 % more affordable than the average price for Chepachet. The properties with the lowest average price have 1 bedroom, Their price is 32 % cheaper than the average. After that we have properties with 2 bedrooms priced at $273,819.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $176 / sq.feet, with an average $262 / sq.feet price in Chepachet. The properties with the lowest average prices have 1 bedroom. They are 31 % cheaper than the average followed by properties with 2 bedrooms with a price at $176 / sq.feet.
With regard to the average price based upon the property in Chepachet we can see that the cheapest property type is "House" at a price of $273,819, they are 32 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 32 % 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 $176 / sq.feet. "House" with an average cost of $176 / sq.feet has the lowest price and would be directed at less affluent cities.