Property prices for sale in Fall River (Massachusetts)
The prices in real estate in Fall River, in the Massachusetts 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 Fall River has increased during the last 6 months. In March, the average price per sq.feet was $219. In the following month the price per sq.feet increased to $231. In the following two months the price per sq.feet has increased 106 %, going from $225 to $238 per sq.feet. The price per sq.feet has increased 111 % 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 $231.5 to $257.5 during July, and August.
Based upon to the price in Fall River (cities), this has gone up in the last 6 months. The average price during our first sample month during March, is $469,044. During April the price went through a considerable rise reaching $542,331. During the following two months (May, June) the price has had an average incrementation from $505,687.5 to $544,961.5. 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 $525,324.5 and $529,763 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $511,137 they are 38 % more affordable than the average price for Fall River. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at $463,029.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $281 / sq.feet, with an average $263 / sq.feet price in Fall River. The properties with the highest average prices have 1 bedroom. They are 63 % more expensive than the average followed by properties with 2 bedrooms with a price at $308 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $511,137 it is 64 % cheaper than the average price in Fall River. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $318,598 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $264 / sq.feet followed by "Condo" priced at $272 / sq.feet. "Land" is the most costly type of property with a $5,191 / sq.feet cost followed by "Townhouse" with an average price of $3,648 / sq.feet.
