The prices in real estate in Foxboro, 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 Foxboro has increased strongly during the last 6 months. In September, the average price per sq.feet was $361. In October this price pretty much remained the same at a value of $352 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $356.5 to $358 per sq.feet. The price per sq.feet has had a considerable increase of 2806 % 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 $357.25 to $10,024 during January, and February.
Based upon to the price in Foxboro (cities), these have remained the same in the last 6 months. The price in September is $775,845, rising in October till $881,961. During the following two months (November, December) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $806,028.5 to $757,900.5 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $926,656 they are 75 % more affordable than the average price for Foxboro. The properties with the lowest average price have 4 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 3 bedrooms priced at $534,422.
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 $370 / sq.feet price in Foxboro. The properties with the lowest average prices have 4 bedrooms. They are 2 % cheaper than the average followed by properties with 3 bedrooms with a price at $336 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $926,656 it is 54 % cheaper than the average price in Foxboro. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $425,596 it is 22 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $357 / sq.feet followed by "Condo" priced at $100,134 / sq.feet. "Condo" is the most costly type of property with a $100,134 / sq.feet cost followed by "House" with an average price of $357 / sq.feet.