Property prices for sale in Medford (Massachusetts)
The prices in real estate in Medford, 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 Medford has remained the same in the last 6 months. In February, the average price per sq.feet was $471. In March this price pretty much remained the same at a value of $463 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $467 to $483 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 $475 to $466.5 during June y July
Based upon to the price in Medford (cities), this has gone up in the last 6 months. The price in February is $725,097, rising in March till $794,372. In the following two months the average price has remained the same with regard to the previous two months from $759,734.5 to $790,262. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $825,620 they are 24 % more affordable than the average price for Medford. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $783,008.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $431 / sq.feet, with an average $464 / sq.feet price in Medford. The properties with the highest average prices have 1 bedroom. They are 48 % more expensive than the average followed by properties with 2 bedrooms with a price at $548 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $825,620 it is 30 % cheaper than the average price in Medford. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $750,788 it is 6 % 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 $439 / sq.feet followed by "Condo" priced at $503 / sq.feet. "Townhouse" is the most costly type of property with a $2,973 / sq.feet cost followed by "Commercial" with an average price of $930 / sq.feet.
