The prices in real estate in Peterborough, in the New Hampshire 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 Peterborough has increased strongly during the last 6 months. In January, the average price per sq.feet was $146. In the following month the price per sq.feet increased considerably to $188. In the following two months the price per sq.feet has increased 109 %, going from $167 to $182.5 per sq.feet. The price per sq.feet has had a considerable increase of 142 % 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 $174.75 to $249 during May, and June.
Based upon to the price in Peterborough (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $242,538. During February the price went through a considerable rise reaching $516,550. During the following two months (March, April) the average price had a considerable increase of 124 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 189 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 33 % cheaper than the average price of $578,763 in Peterborough. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 33 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 20 % cheaper than the average price of ($207 / sq.feet) in Peterborough. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 20 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $860,957 it is 41 % cheaper than the average price in Peterborough. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Commercial". At a price of $511,648 it is 33 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $207 / sq.feet followed by "Commercial" priced at $296 / sq.feet. "Commercial" is the most costly type of property with a $296 / sq.feet cost followed by "Apartment" with an average price of $207 / sq.feet.