The prices in real estate in Chepachet, in the Rhode Island 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 Chepachet has increased strongly during the last 6 months. In April, the average price per sq.feet was $208. In the following month the price per sq.feet decreased to $188. The price for the following two months in (June, July) had a considerable increment of 363 %. The price per sq.feet has had a considerable deflation of 45 % 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 $458 to $204.5 during August, and September.
Based upon to the price in Chepachet (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $273,360. During May the price went through a considerable rise reaching $330,740. During the following two months (June, July) the price has had an average incrementation from $302,050 to $317,202.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 22 % cheaper than the average price of $287,316 in Chepachet. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 22 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 8 % more costly than the average price of ($224 / sq.feet) in Chepachet. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 8 % more costly than the average value aforementioned.
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 $287,316, they are 22 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 22 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $224 / sq.feet. "House" at an average price of $224 / sq.feet has the most expensive price and would be directed at more affluent cities.