Property prices for sale in New Bedford (Massachusetts)
The prices in real estate in New Bedford, in the Massachusetts region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in New Bedford has increased during the last 6 months. In November, the average price per sq.feet was $219. In the following month the price per sq.feet increased to $243. In the following two months the price per sq.feet has barely changed, going from $231 to $242.5 per sq.feet. The price per sq.feet has increased 110 % 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 $236.75 to $260 during March, and April.
Based upon to the price in New Bedford (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $414,316. In December This price remains at $421,288. In the following two months the average price has remained the same with regard to the previous two months from $417,802 to $434,218.5. 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 $426,010.25 and $446,687.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $451,370 they are 28 % more affordable than the average price for New Bedford. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at $408,630.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $243 / sq.feet, with an average $256 / sq.feet price in New Bedford. The properties with the highest average prices have 1 bedroom. They are 40 % more expensive than the average followed by properties with 2 bedrooms with a price at $349 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $451,370 it is 70 % cheaper than the average price in New Bedford. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $341,226 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $189 / sq.feet followed by "House" priced at $261 / sq.feet. "Land" is the most costly type of property with a $93,318 / sq.feet cost followed by "Duplex" with an average price of $3,248 / sq.feet.
