Property prices for sale in Norwell (Massachusetts)
The prices in real estate in Norwell, 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 Norwell has increased during the last 6 months. In November, the average price per sq.feet was $396. In December this price pretty much remained the same at a value of $406 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $401 to $439.5 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 $420.25 to $421 during March y April
Based upon to the price in Norwell (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $1,129,695. In December This price remains at $1,171,761. During the following two months (January, February) the average price had a considerable increase of 120 % with regard to the previous two months. 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 2 bedrooms are the cheapest ones. At a price of $1,418,667 they are 60 % more affordable than the average price for Norwell. The properties with the lowest average price have 1 bedroom, Their price is 16 % cheaper than the average. After that we have properties with 4 bedrooms priced at $1,098,481.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $239 / sq.feet, with an average $424 / sq.feet price in Norwell. The properties with the highest average prices have 1 bedroom. They are 187 % more expensive than the average followed by properties with 4 bedrooms with a price at $321 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $1,418,667 it is 46 % cheaper than the average price in Norwell. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $797,261 it is 29 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $224 / sq.feet followed by "House" priced at $270 / sq.feet. "Condo" is the cheapest type of property with a $284 / sq.feet value followed by "House" with an average price of $270 / sq.feet.
