Property prices for sale in Cranston (Rhode Island)
The prices in real estate in Cranston, in the Rhode Island 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 Cranston has remained the same in the last 6 months. In October, the average price per sq.feet was $256. In the following month the price per sq.feet increased considerably to $356. The price for the following two months in (December, January) decreased 87 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 78 % 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 $285.75 to $224 during February, and March.
Based upon to the price in Cranston (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $463,470. In November This price remains at $471,096. In the following two months the average price has remained the same with regard to the previous two months from $467,283 to $457,195. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $462,239 to $437,966.5 in 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 $431,812 they are 51 % more affordable than the average price for Cranston. The properties with the highest average price have 4 bedrooms, Their price is 45 % more costly than the average. After that we have properties with 3 bedrooms priced at $424,550.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $206 / sq.feet, with an average $203 / sq.feet price in Cranston. The properties with the highest average prices have 4 bedrooms. They are 379 % more expensive than the average followed by properties with 1 bedroom with a price at $376 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $431,812 it is 40 % cheaper than the average price in Cranston. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $400,038 it is 2 % 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 $143 / sq.feet followed by "Commercial" priced at $184 / sq.feet. "Condo" is the most costly type of property with a $358 / sq.feet cost followed by "House" with an average price of $203 / sq.feet.
