Property prices for sale in Great Barrington (Massachusetts)
The prices in real estate in Great Barrington, 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 Great Barrington has increased strongly during the last 6 months. In October, the average price per sq.feet was $933. In the following month the price per sq.feet decreased to $883. The price for the following two months in (December, January) had a considerable increment of 176 %. The price per sq.feet has had a considerable increase of 139 % 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 $1,255.25 to $1,739 during February, and March.
Based upon to the price in Great Barrington (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $838,691. In November This price remains at $846,456. In the following two months the average price has remained the same with regard to the previous two months from $842,573.5 to $857,756.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 85 %, going from $850,165 to $725,924 in 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 $702,587 they are 57 % more affordable than the average price for Great Barrington. The properties with the highest average price have 2 bedrooms, Their price is 45 % more costly than the average. After that we have properties with 4 bedrooms priced at $743,014.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $270 / sq.feet, with an average $1,281 / sq.feet price in Great Barrington. The properties with the lowest average prices have 1 bedroom. They are 59 % cheaper than the average followed by properties with 4 bedrooms with a price at $310 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $702,587 it is 79 % cheaper than the average price in Great Barrington. "Cabin" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $535,353 it is 4 % 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 $287 / sq.feet followed by "Condo" priced at $424 / sq.feet. "Cabin" is the most costly type of property with a $1,792 / sq.feet cost followed by "Land" with an average price of $679 / sq.feet.
