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 July, the average price per sq.feet was $440. In August this price pretty much remained the same at a value of $432 per sq.feet. The price for the following two months in (September, October) decreased 91 % 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 $417 to $431.5 during November y December
Based upon to the price in Medford (cities), this has gone downing the last 6 months. The average price for July is $752,760. During August the price had a slight fall till $714,852. During the following two months (September, October) the average price fell 94 % 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 $711,526 and $698,726.5 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $718,912 they are 28 % more affordable than the average price for Medford. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $718,320.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $350 / sq.feet, with an average $441 / sq.feet price in Medford. The properties with the highest average prices have 1 bedroom. They are 60 % more expensive than the average followed by properties with 2 bedrooms with a price at $530 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $718,912 it is 22 % cheaper than the average price in Medford. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $675,825 it is 3 % 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 $269 / sq.feet followed by "Condo" priced at $519 / sq.feet. "Townhouse" is the most costly type of property with a $2,985 / sq.feet cost followed by "Office" with an average price of $2,086 / sq.feet.
