Property prices for sale in East Falmouth (Massachusetts)
The prices in real estate in East Falmouth, in the Massachusetts region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in East Falmouth has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $4,009. In the following month the price per sq.feet decreased considerably to $2,517. The price for the following two months in (January, February) had a considerable decrease of 80 with regard to the prior two months. 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 $2,934.5 to $2,669.5 during March, and April.
Based upon to the price in East Falmouth (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $897,071. In December This price remains at $878,076. During the following two months (January, February) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $987,451 they are 27 % more affordable than the average price for East Falmouth. The properties with the lowest average price have 1 bedroom, Their price is 26 % cheaper than the average. After that we have properties with 2 bedrooms priced at $721,761.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $246 / sq.feet, with an average $542 / sq.feet price in East Falmouth. The properties with the lowest average prices have 1 bedroom. They are 53 % cheaper than the average followed by properties with 2 bedrooms with a price at $246 / sq.feet.
With regard to the average price based upon the property in East Falmouth we can see that the cheapest property type is "House" at a price of $721,761, they are 27 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 27 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $246 / sq.feet. "House" with an average cost of $246 / sq.feet has the lowest price and would be directed at less affluent cities.
