The prices in real estate in Plainville, 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 Plainville has increased strongly during the last 6 months. In October, the average price per sq.feet was $317. In November this price pretty much remained the same at a value of $316 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 669 %. The price per sq.feet has had a considerable increase of 6532 % 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 $1,217 to $79,495.5 during February, and March.
Based upon to the price in Plainville (cities), this has gone downing the last 6 months. The average price for October is $709,350. During November the price had a slight fall till $605,857. During the following two months (December, January) the price has had an average incrementation from $657,603.5 to $715,052. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $686,327.75 to $638,716.5 in 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 $627,983 they are 98 % more affordable than the average price for Plainville. The properties with the highest average price have 3 bedrooms, Their price is 269 % more costly than the average. After that we have properties with 4 bedrooms priced at $933,750.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $11 / sq.feet, with an average $150,035 / sq.feet price in Plainville. The properties with the lowest average prices have 3 bedrooms. They are 81 % cheaper than the average followed by properties with 4 bedrooms with a price at $257 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $627,983 it is 79 % cheaper than the average price in Plainville. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $726,636 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $122 / sq.feet followed by "Detached House" priced at $270 / sq.feet. "Land" is the cheapest type of property with a $83,485 / sq.feet value followed by "House" with an average price of $280 / sq.feet.