The prices in real estate in New Bedford, 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 New Bedford has remained the same in the last 6 months. In March, the average price per sq.feet was $148. In April this price pretty much remained the same at a value of $146 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $147 to $156 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 $151.5 to $158 during July y August
Based upon to the price in New Bedford (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is $272,516. In April This price remains at $273,742. During the following two months (May, June) the price has had an average incrementation from $273,129 to $313,797. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % 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 $292,586 they are 24 % more affordable than the average price for New Bedford. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at $316,033.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $124 / sq.feet, with an average $161 / sq.feet price in New Bedford. The properties with the highest average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at $181 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $292,586 it is 39 % cheaper than the average price in New Bedford. "Office" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $298,295 it is 22 % 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 $103 / sq.feet followed by "House" priced at $192 / sq.feet. "Office" is the most costly type of property with a $7,606 / sq.feet cost followed by "Duplex" with an average price of $3,424 / sq.feet.