The prices in real estate in East Boston, in the Massachusetts 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 East Boston has remained the same in the last 6 months. In November, the average price per sq.feet was $532. In December this price pretty much remained the same at a value of $535 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $533.5 to $533 per sq.feet. The price per sq.feet has decreased 91 % 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 $533.25 to $484.5 during March, and April.
Based upon to the price in East Boston (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $636,833. In December This price remains at $641,550. During the following two months (January, February) the price has had an average incrementation from $639,191.5 to $675,980. 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 $657,585.75 and $658,696.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $668,560 they are 28 % more affordable than the average price for East Boston. The properties with the lowest average price have 1 bedroom, Their price is 7 % cheaper than the average. After that we have properties with 4 bedrooms priced at $480,608.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $402 / sq.feet, with an average $469 / sq.feet price in East Boston. The properties with the highest average prices have 1 bedroom. They are 50 % more expensive than the average followed by properties with 4 bedrooms with a price at $402 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $668,560 it is 28 % cheaper than the average price in East Boston. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Duplex". At a price of $611,217 it is 8 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $402 / sq.feet followed by "Duplex" priced at $691 / sq.feet. "Condo" is the most costly type of property with a $695 / sq.feet cost followed by "Duplex" with an average price of $691 / sq.feet.