The prices in real estate in Middleboro, in the Massachusetts 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 Middleboro has increased strongly during the last 6 months. In October, the average price per sq.feet was $300. In the following month the price per sq.feet decreased to $274. In the following two months the price per sq.feet has increased 109 %, going from $287 to $313.5 per sq.feet. The price per sq.feet has had a considerable increase of 357 % 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 $300.25 to $1,073 during February, and March.
Based upon to the price in Middleboro (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $542,466. In November This price remains at $545,789. During the following two months (December, January) the price has had an average incrementation from $544,127.5 to $584,529.5. 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 $564,328.5 and $567,553 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $530,426 they are 55 % more affordable than the average price for Middleboro. The properties with the highest average price have 4 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 3 bedrooms priced at $554,616.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $279 / sq.feet, with an average $397 / sq.feet price in Middleboro. The properties with the lowest average prices have 1 bedroom. They are 26 % cheaper than the average followed by properties with 3 bedrooms with a price at $282 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $530,426 it is 47 % cheaper than the average price in Middleboro. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Villa". At a price of $364,093 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $141 / sq.feet followed by "Condo" priced at $145 / sq.feet. "Apartment" is the cheapest type of property with a $291 / sq.feet value followed by "House" with an average price of $267 / sq.feet.