The prices in real estate in Merrimack, in the New Hampshire region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Merrimack has increased strongly during the last 6 months. In July, the average price per sq.feet was $207. In the following month the price per sq.feet increased considerably to $594. The price for the following two months in (September, October) had a considerable increment of 303 %. The price per sq.feet has had a considerable deflation of 27 % 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 $806.75 to $214 during November, and December.
Based upon to the price in Merrimack (cities), these have remained the same in the last 6 months. The average price for July is $398,092. During August the price had a slight fall till $377,195. In the following two months the average price has remained the same with regard to the previous two months from $387,643.5 to $395,426. 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 $391,534.75 and $398,557.5 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 $412,932 they are 67 % more affordable than the average price for Merrimack. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $417,006.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $156 / sq.feet, with an average $223 / sq.feet price in Merrimack. The properties with the highest average prices have 4 bedrooms. They are 1186 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,016 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $412,932 it is 63 % cheaper than the average price in Merrimack. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Office". At a price of $327,547 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $169 / sq.feet followed by "Condo" priced at $187 / sq.feet. "Townhouse" is the most costly type of property with a $1,367 / sq.feet cost followed by "House" with an average price of $1,055 / sq.feet.