Property prices for sale in Great Barrington (Massachusetts)
The prices in real estate in Great Barrington, in the Massachusetts region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Great Barrington has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $309. In February this price pretty much remained the same at a value of $296 per sq.feet. The price for the following two months in (March, April) had a considerable decrease of 76 with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $265.75 to $262.5 during May y June
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 January, the average price is $778,480. In February This price remains at $770,628. In the following two months the average price has remained the same with regard to the previous two months from $774,554 to $797,705.5. 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 $786,129.75 to $736,185.5 in May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $730,911 they are 46 % more affordable than the average price for Great Barrington. The properties with the lowest average price have 4 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 3 bedrooms priced at $551,490.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $257 / sq.feet, with an average $293 / sq.feet price in Great Barrington. The properties with the highest average prices have 1 bedroom. They are 88 % more expensive than the average followed by properties with 2 bedrooms with a price at $430 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $730,911 it is 79 % cheaper than the average price in Great Barrington. "Cabin" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $546,730 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 $231 / sq.feet followed by "Condo" priced at $445 / sq.feet. "Cabin" is the most costly type of property with a $1,834 / sq.feet cost followed by "Land" with an average price of $700 / sq.feet.
