The prices in real estate in New Durham, 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 New Durham has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,093. In the following month the price per sq.feet increased considerably to $1,266. In the following two months the price per sq.feet has barely changed, going from $1,179.5 to $1,138.5 per sq.feet. The price per sq.feet has had a considerable increase of 289 % 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 $1,159 to $3,354.5 during February, and March.
Based upon to the price in New Durham (cities), these have remained the same in the last 6 months. The average price for October is $412,594. During November the price had a considerable reduction till $329,257. In the following two months the average price has remained the same with regard to the previous two months from $370,925.5 to $387,687. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % 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 $459,833 they are 51 % more affordable than the average price for New Durham. The properties with the highest average price have 4 bedrooms, Their price is 92 % more costly than the average. After that we have properties with 2 bedrooms priced at $517,609.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $191 / sq.feet, with an average $4,967 / sq.feet price in New Durham. The properties with the lowest average prices have 2 bedrooms. They are 89 % cheaper than the average followed by properties with 1 bedroom with a price at $396 / sq.feet.
With regard to the average price based upon the property in New Durham we can see that the cheapest property type is "Land" at a price of $279,787, they are 39 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 39 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Land with an average price of $76,802 / sq.feet. "Land" at an average price of $76,802 / sq.feet has the most expensive price and would be directed at more affluent cities.