The prices in real estate in Pembroke, in the Massachusetts region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Pembroke has increased strongly during the last 6 months. In October, the average price per sq.feet was $182. In the following month the price per sq.feet increased to $204. The price for the following two months in (December, January) had a considerable increment of 115 %. 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 $207.5 to $242.5 during February, and March.
Based upon to the price in Pembroke (cities), this has gone up considerably in the last 6 months. The price in October is $402,644, rising in November till $441,426. During the following two months (December, January) the price has had an average incrementation from $422,035 to $465,155.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $528,325 they are 13 % more affordable than the average price for Pembroke. The properties with the highest average price have 1 bedroom, Their price is 10 % more costly than the average. After that we have properties with 2 bedrooms priced at $462,414.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $262 / sq.feet, with an average $231 / sq.feet price in Pembroke. The properties with the highest average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 2 bedrooms with a price at $263 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $528,325 it is 13 % cheaper than the average price in Pembroke. "Commercial" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Commercial". At a price of $563,610 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Apartment" at an average cost of $262 / sq.feet followed by "Townhouse" priced at $264 / sq.feet. "Commercial" is the most costly type of property with a $271 / sq.feet cost followed by "Townhouse" with an average price of $264 / sq.feet.