Property prices for sale in Fairhaven (Massachusetts)
The prices in real estate in Fairhaven, 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 Fairhaven has increased strongly during the last 6 months. In October, the average price per sq.feet was $451. In the following month the price per sq.feet decreased to $426. In the following two months the price per sq.feet has barely changed, going from $438.5 to $458 per sq.feet. The price per sq.feet has had a considerable increase of 401 % 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 $448.25 to $1,796 during February, and March.
Based upon to the price in Fairhaven (cities), this has gone downing the last 6 months. The average price for October is $671,278. During November the price had a slight fall till $627,223. During the following two months (December, January) the average price fell 92 % with regard to the previous two months. 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 $623,053.25 and $629,056 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $598,492 they are 44 % more affordable than the average price for Fairhaven. The properties with the highest average price have 3 bedrooms, Their price is 43 % more costly than the average. After that we have properties with 4 bedrooms priced at $634,315.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $371 / sq.feet, with an average $2,977 / sq.feet price in Fairhaven. The properties with the lowest average prices have 3 bedrooms. They are 80 % cheaper than the average followed by properties with 1 bedroom with a price at $465 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $598,492 it is 46 % cheaper than the average price in Fairhaven. "Detached House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $665,040 it is 549 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $163 / sq.feet followed by "Detached House" priced at $501 / sq.feet. "Land" is the most costly type of property with a $171,291 / sq.feet cost followed by "House" with an average price of $564 / sq.feet.
