The prices in real estate in Sandwich, 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 Sandwich has increased strongly during the last 6 months. In September, the average price per sq.feet was $224. In October this price pretty much remained the same at a value of $231 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $227.5 to $239.5 per sq.feet. The price per sq.feet has had a considerable increase of 126 % 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 $233.5 to $294.5 during January, and February.
Based upon to the price in Sandwich (cities), this has gone up in the last 6 months. The average price for September is $488,056. During October the price had a slight fall till $437,467. During the following two months (November, December) the average price had a considerable increase of 118 % 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 127 % 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 $716,151 they are 72 % more affordable than the average price for Sandwich. The properties with the lowest average price have 4 bedrooms, Their price is 39 % cheaper than the average. After that we have properties with 3 bedrooms priced at $410,517.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $187 / sq.feet, with an average $298 / sq.feet price in Sandwich. The properties with the highest average prices have 2 bedrooms. They are 112 % more expensive than the average followed by properties with 1 bedroom with a price at $343 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $716,151 it is 37 % cheaper than the average price in Sandwich. "Condo" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "Condo". At a price of $508,715 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $227 / sq.feet followed by "House" priced at $229 / sq.feet. "Condo" is the cheapest type of property with a $251 / sq.feet value followed by "House" with an average price of $229 / sq.feet.