The prices in real estate in East Longmeadow, 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 Longmeadow has increased strongly during the last 6 months. In September, the average price per sq.feet was $319. In the following month the price per sq.feet decreased considerably to $223. The price for the following two months in (November, December) decreased 86 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 1970 % 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 $252.5 to $4,974 during January, and February.
Based upon to the price in East Longmeadow (cities), this has gone downing the last 6 months. The average price for September is $403,197. During October the price had a slight fall till $382,521. During the following two months (November, December) the average price fell 91 % 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 108 % 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 $417,142 they are 49 % more affordable than the average price for East Longmeadow. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 2 bedrooms priced at $445,343.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $215 / sq.feet, with an average $9,651 / sq.feet price in East Longmeadow. The properties with the lowest average prices have 2 bedrooms. They are 97 % cheaper than the average followed by properties with 4 bedrooms with a price at $250 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $417,142 it is 51 % cheaper than the average price in East Longmeadow. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $447,196 it is 14 % 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 $234 / sq.feet followed by "Detached House" priced at $297 / sq.feet. "Land" is the most costly type of property with a $145,817 / sq.feet cost followed by "Detached House" with an average price of $297 / sq.feet.