The prices in real estate in Orleans, 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 Orleans has remained the same in the last 6 months. In July, the average price per sq.feet was $511. In August this price pretty much remained the same at a value of $505 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $508 to $527.5 per sq.feet. The price per sq.feet has decreased 94 % 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 $517.75 to $487 during November, and December.
Based upon to the price in Orleans (cities), this has gone downing the last 6 months. The average price for July is $1,445,483. During August the price had a slight fall till $1,271,908. In the following two months the average price has remained the same with regard to the previous two months from $1,358,695.5 to $1,312,042. 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 $1,335,368.75 and $1,338,295 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,324,518 they are 80 % more affordable than the average price for Orleans. The properties with the highest average price have 4 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,180,001.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $342 / sq.feet, with an average $468 / sq.feet price in Orleans. The properties with the highest average prices have 3 bedrooms. They are 16 % more expensive than the average followed by properties with 4 bedrooms with a price at $482 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,324,518 it is 1 % cheaper than the average price in Orleans. "Commercial" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $1,308,931 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $516 / sq.feet followed by "Commercial" priced at $597 / sq.feet. "Commercial" is the most costly type of property with a $597 / sq.feet cost followed by "House" with an average price of $516 / sq.feet.