Property prices for sale in Nahant (Massachusetts)

The price per sq.feet in Nahant has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $725. In November this price pretty much remained the same at a value of $703 per sq.feet. The price for the following two months in (December, January) decreased 86 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 83 % 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 $663.5 to $549.5 during February, and March.

Based upon to the price in Nahant (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $1,966,048. In November This price remains at $1,880,843. During the following two months (December, January) the average price had a considerable reduction of 60 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,542,021 to $1,291,959, which means a 84 % fall.

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,490,431 they are 76 % more affordable than the average price for Nahant. The properties with the lowest average price have 4 bedrooms, Their price is 14 % cheaper than the average. After that we have properties with 3 bedrooms priced at $996,004.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $280 / sq.feet, with an average $582 / sq.feet price in Nahant. The properties with the highest average prices have 3 bedrooms. They are 30 % more expensive than the average followed by properties with 1 bedroom with a price at $614 / sq.feet.

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,490,431 it is 36 % cheaper than the average price in Nahant. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $953,589 it is 34 % 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 $423 / sq.feet followed by "Condo" priced at $671 / sq.feet. "Condo" is the most costly type of property with a $671 / sq.feet cost followed by "House" with an average price of $423 / sq.feet.