The prices in real estate in Dedham, in the Massachusetts 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 Dedham has fallen in the last 6 months. In June, the average price per sq.feet was $328. In the following month the price per sq.feet decreased to $294. The price for the following two months in (August, September) decreased 90 % with regard to the prior two months. 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 $294.75 to $298.5 during October y November
Based upon to the price in Dedham (cities), this has fallen considerably in the last 6 months. The average price for June is $1,062,254. During July the price had a considerable reduction till $556,567. During the following two months (August, September) the average price had a considerable reduction of 84 % 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 $744,627.5 to $641,660 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $756,180 they are 41 % more affordable than the average price for Dedham. The properties with the lowest average price have 4 bedrooms, Their price is 10 % cheaper than the average. After that we have properties with 1 bedroom priced at $515,566.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $256 / sq.feet, with an average $315 / sq.feet price in Dedham. The properties with the highest average prices have 3 bedrooms. They are 9 % more expensive than the average followed by properties with 1 bedroom with a price at $316 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $756,180 it is 32 % cheaper than the average price in Dedham. "Office" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Apartment". At a price of $726,754 it is 39 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $233 / sq.feet followed by "House" priced at $237 / sq.feet. "Apartment" is the most costly type of property with a $614 / sq.feet cost followed by "Condo" with an average price of $315 / sq.feet.