The prices in real estate in Providence, in the Rhode Island region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Providence has remained the same in the last 6 months. In November, the average price per sq.feet was $205. In December this price pretty much remained the same at a value of $208 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $206.5 to $218 per sq.feet. 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 $212.25 to $211.5 during March y April
Based upon to the price in Providence (cities), this has gone downing the last 6 months. The average price for November is $365,424. During December the price had a slight fall till $314,557. In the following two months the average price has remained the same with regard to the previous two months from $339,990.5 to $331,371. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $368,134 they are 18 % more affordable than the average price for Providence. The properties with the highest average price have 4 bedrooms, Their price is 0 % more costly than the average. After that we have properties with 3 bedrooms priced at $325,549.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $190 / sq.feet, with an average $200 / sq.feet price in Providence. The properties with the highest average prices have 1 bedroom. They are 100 % more expensive than the average followed by properties with 2 bedrooms with a price at $249 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $368,134 it is 38 % cheaper than the average price in Providence. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $349,380 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $132 / sq.feet followed by "Office" priced at $177 / sq.feet. "Condo" is the most costly type of property with a $303 / sq.feet cost followed by "House" with an average price of $226 / sq.feet.