Property prices for sale in East Greenwich (Rhode Island)
The prices in real estate in East Greenwich, in the Rhode Island region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in East Greenwich has increased during the last 6 months. In October, the average price per sq.feet was $835. In the following month the price per sq.feet decreased to $780. The price for the following two months in (December, January) had a considerable decrease of 75 with regard to the prior two months. The price per sq.feet has had a considerable increase of 176 % 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 $708.25 to $1,244 during February, and March.
Based upon to the price in East Greenwich (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $987,148. In November This price remains at $1,013,146. In the following two months the average price has remained the same with regard to the previous two months from $1,000,147 to $1,025,604. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $995,003 they are 64 % more affordable than the average price for East Greenwich. The properties with the highest average price have 4 bedrooms, Their price is 82 % more costly than the average. After that we have properties with 3 bedrooms priced at $719,970.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $311 / sq.feet, with an average $1,986 / sq.feet price in East Greenwich. The properties with the highest average prices have 4 bedrooms. They are 66 % more expensive than the average followed by properties with 2 bedrooms with a price at $429 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $995,003 it is 55 % cheaper than the average price in East Greenwich. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $702,563 it is 33 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $101 / sq.feet followed by "Townhouse" priced at $323 / sq.feet. "House" is the cheapest type of property with a $985 / sq.feet value followed by "Condo" with an average price of $398 / sq.feet.
