Property prices for sale in Pepperell (Massachusetts)
The prices in real estate in Pepperell, 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 Pepperell has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $936. In the following month the price per sq.feet decreased considerably to $309. The price for the following two months in (December, January) had a considerable decrease of 47 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 68 % 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 $456 to $311.5 during February, and March.
Based upon to the price in Pepperell (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $581,723. During November the price went through a considerable rise reaching $686,785. During the following two months (December, January) the price has had an average incrementation from $634,254 to $674,763.5. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $686,077 they are 52 % more affordable than the average price for Pepperell. The properties with the lowest average price have 4 bedrooms, Their price is 18 % cheaper than the average. After that we have properties with 3 bedrooms priced at $487,038.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $118 / sq.feet, with an average $313 / sq.feet price in Pepperell. The properties with the lowest average prices have 1 bedroom. They are 29 % cheaper than the average followed by properties with 2 bedrooms with a price at $159 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $686,077 it is 58 % cheaper than the average price in Pepperell. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial Property" followed by "House". At a price of $637,710 it is 41 % 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 $112 / sq.feet followed by "Condo" priced at $119 / sq.feet. "Commercial Property" is the most costly type of property with a $609 / sq.feet cost followed by "House" with an average price of $156 / sq.feet.
