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 October, the average price per sq.feet was $297. In the following month the price per sq.feet decreased to $270. The price for the following two months in (December, January) had a considerable increment of 243 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $486.5 to $495.5 during February y March
Based upon to the price in Peterborough (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $859,133. In November This price remains at $837,741. In the following two months the average price has remained the same with regard to the previous two months from $848,437 to $888,140.5. During the last two months the average price has had a strong fall compared to the previous four going from $868,288.75 to $653,462, which means a 75 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $581,476 they are 60 % more affordable than the average price for Peterborough. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $340,842.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $123 / sq.feet, with an average $456 / sq.feet price in Peterborough. The properties with the lowest average prices have 1 bedroom. They are 63 % cheaper than the average followed by properties with 2 bedrooms with a price at $141 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $581,476 it is 16 % 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 $489,097 it is 4 % 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 $167 / sq.feet followed by "Commercial" priced at $251 / sq.feet. "Commercial" is the cheapest type of property with a $251 / sq.feet value followed by "Apartment" with an average price of $167 / sq.feet.