Property prices for sale in Peabody (Massachusetts)
The prices in real estate in Peabody, 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 Peabody has increased during the last 6 months. In October, the average price per sq.feet was $358. In the following month the price per sq.feet increased to $386. In the following two months the price per sq.feet has barely changed, going from $372 to $390 per sq.feet. The price per sq.feet has had a considerable increase of 117 % 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 $381 to $444.5 during February, and March.
Based upon to the price in Peabody (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $559,032. In November This price remains at $572,391. In the following two months the average price has remained the same with regard to the previous two months from $565,711.5 to $548,886.5. 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 $557,299 and $582,908.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $587,646 they are 39 % more affordable than the average price for Peabody. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $619,890.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $381 / sq.feet, with an average $437 / sq.feet price in Peabody. The properties with the highest average prices have 1 bedroom. They are 32 % more expensive than the average followed by properties with 2 bedrooms with a price at $457 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $587,646 it is 72 % cheaper than the average price in Peabody. "Land" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Apartment". At a price of $457,163 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $110 / sq.feet followed by "Detached House" priced at $118 / sq.feet. "Townhouse" is the most costly type of property with a $609 / sq.feet cost followed by "Apartment" with an average price of $565 / sq.feet.
