The prices in real estate in Lenox, in the Massachusetts region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Lenox has remained the same in the last 6 months. In November, the average price per sq.feet was $493. In December this price pretty much remained the same at a value of $477 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 80 with regard to the prior two months. The price per sq.feet has had a considerable increase of 133 % 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 $437 to $581.5 during March, and April.
Based upon to the price in Lenox (cities), this has fallen considerably in the last 6 months. The average price for November is $2,111,149. During December the price had a slight fall till $1,904,833. In the following two months the average price has remained the same with regard to the previous two months from $2,007,991 to $2,031,377. During the last two months the average price has had a strong fall compared to the previous four going from $2,019,684 to $1,464,847.5, which means a 73 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,565,092 they are 91 % more affordable than the average price for Lenox. The properties with the lowest average price have 4 bedrooms, Their price is 27 % cheaper than the average. After that we have properties with 3 bedrooms priced at $379,738.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $210 / sq.feet, with an average $366 / sq.feet price in Lenox. The properties with the highest average prices have 4 bedrooms. They are 6 % more expensive than the average followed by properties with 3 bedrooms with a price at $231 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,565,092 it is 88 % cheaper than the average price in Lenox. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $561,874 it is 66 % 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 $214 / sq.feet followed by "House" priced at $391 / sq.feet. "Land" is the most costly type of property with a $80,227 / sq.feet cost followed by "House" with an average price of $391 / sq.feet.