Property prices for sale in Osterville (Massachusetts)
The prices in real estate in Osterville, in the Massachusetts region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Osterville has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $39,704. In the following month the price per sq.feet decreased considerably to $1,002. The price for the following two months in (May, June) had a considerable decrease of 5 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 9 % 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 $10,672.75 to $963.5 during July, and August.
Based upon to the price in Osterville (cities), these have remained the same in the last 6 months. The average price for March is $3,445,997. During April the price had a slight fall till $3,243,250. During the following two months (May, June) the price has had an average incrementation from $3,344,623.5 to $3,542,928.5. 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 $3,443,776 and $3,438,874.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $3,012,268 they are 87 % more affordable than the average price for Osterville. The properties with the lowest average price have 4 bedrooms, Their price is 46 % cheaper than the average. After that we have properties with 3 bedrooms priced at $1,049,019.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $377 / sq.feet, with an average $910 / sq.feet price in Osterville. The properties with the lowest average prices have 3 bedrooms. They are 29 % cheaper than the average followed by properties with 1 bedroom with a price at $534 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $3,012,268 it is 83 % cheaper than the average price in Osterville. "Commercial" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $1,039,837 it is 47 % 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 $412 / sq.feet followed by "Condo" priced at $465 / sq.feet. "House" is the cheapest type of property with a $469 / sq.feet value followed by "Condo" with an average price of $465 / sq.feet.
