The prices in real estate in Newton, 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 Newton has remained the same in the last 6 months. In January, the average price per sq.feet was $492. In February this price pretty much remained the same at a value of $488 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $490 to $483 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 $486.5 to $504.5 during May y June
Based upon to the price in Newton (cities), this has gone up in the last 6 months. The price in January is $1,253,860, rising in February till $1,420,652. During the following two months (March, April) the price has had an average incrementation from $1,337,256 to $1,407,922. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $1,372,589 to $1,290,403.5 in May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,353,951 they are 64 % more affordable than the average price for Newton. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,052,896.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $500 / sq.feet, with an average $507 / sq.feet price in Newton. The properties with the highest average prices have 2 bedrooms. They are 9 % more expensive than the average followed by properties with 4 bedrooms with a price at $518 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,353,951 it is 45 % cheaper than the average price in Newton. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $1,324,982 it is 27 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $460 / sq.feet followed by "House" priced at $511 / sq.feet. "Condo" is the most costly type of property with a $524 / sq.feet cost followed by "House" with an average price of $511 / sq.feet.