The prices in real estate in Medfield, in the Massachusetts region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Medfield has fallen in the last 6 months. In July, the average price per sq.feet was $319. In the following month the price per sq.feet decreased to $281. In the following two months the price per sq.feet has barely changed, going from $300 to $287 per sq.feet. 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 $293.5 to $280.5 during November y December
Based upon to the price in Medfield (cities), this has fallen considerably in the last 6 months. The average price for July is $937,091. During August the price had a slight fall till $824,715. During the following two months (September, October) the average price fell 86 % with regard to the previous two months. 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 $820,620 and $780,210 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $767,477 they are 22 % more affordable than the average price for Medfield. The properties with the highest average price have 1 bedroom, Their price is 66 % more costly than the average. After that we have properties with 4 bedrooms priced at $859,673.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $288 / sq.feet, with an average $278 / sq.feet price in Medfield. The properties with the highest average prices have 1 bedroom. They are 1102 % more expensive than the average followed by properties with 2 bedrooms with a price at $322 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $767,477 it is 3 % more expensive than the average price in Medfield. "Commercial Property" is seen as the second dearest property type. The dearest property type is "Condo" followed by "Commercial Property". At a price of $1,127,821 it is 48 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Commercial Property" at an average cost of $288 / sq.feet followed by "Condo" priced at $294 / sq.feet. "House" is the most costly type of property with a $317 / sq.feet cost followed by "Condo" with an average price of $294 / sq.feet.