Property prices for sale in East Boston (Massachusetts)
The prices in real estate in East Boston, in the Massachusetts 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 East Boston has increased strongly during the last 6 months. In November, the average price per sq.feet was $652. In the following month the price per sq.feet increased considerably to $788. The price for the following two months in (January, February) had a considerable increment of 116 %. The price per sq.feet has increased 105 % 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 $778.5 to $820 during March, and April.
Based upon to the price in East Boston (cities), these have remained the same in the last 6 months. The average price for November is $772,214. During December the price had a slight fall till $694,750. In the following two months the average price has remained the same with regard to the previous two months from $733,482 to $750,517.5. 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 $741,999.75 and $748,489 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $760,528 they are 21 % more affordable than the average price for East Boston. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at $771,283.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $327 / sq.feet, with an average $752 / sq.feet price in East Boston. The properties with the highest average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $711 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $760,528 it is 4 % cheaper than the average price in East Boston. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $728,905 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $396 / sq.feet followed by "Condo" priced at $712 / sq.feet. "Condo" is the cheapest type of property with a $712 / sq.feet value followed by "House" with an average price of $396 / sq.feet.
