Property prices for sale in Medway (Massachusetts)
The prices in real estate in Medway, 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 Medway has remained the same in the last 6 months. In November, the average price per sq.feet was $334. In December this price pretty much remained the same at a value of $335 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $334.5 to $320.5 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 $327.5 to $321 during March y April
Based upon to the price in Medway (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $803,009. In December This price remains at $778,500. During the following two months (January, February) the average price fell 91 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $839,686 they are 72 % more affordable than the average price for Medway. The properties with the lowest average price have 4 bedrooms, Their price is 22 % cheaper than the average. After that we have properties with 3 bedrooms priced at $547,674.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $222 / sq.feet, with an average $310 / sq.feet price in Medway. The properties with the lowest average prices have 1 bedroom. They are 3 % cheaper than the average followed by properties with 2 bedrooms with a price at $267 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $839,686 it is 70 % cheaper than the average price in Medway. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $524,698 it is 30 % 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 $240 / sq.feet followed by "Townhouse" priced at $250 / sq.feet. "Condo" is the cheapest type of property with a $259 / sq.feet value followed by "Townhouse" with an average price of $250 / sq.feet.
