The prices in real estate in Scituate, 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 Scituate has increased strongly during the last 6 months. In March, the average price per sq.feet was $242. In the following month the price per sq.feet increased considerably to $287. The price for the following two months in (May, June) had a considerable increment of 122 %. The price per sq.feet has decreased 89 % 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 $293.25 to $262 during July, and August.
Based upon to the price in Scituate (cities), this has gone up in the last 6 months. The price in March is $632,852, rising in April till $678,047. During the following two months (May, June) the average price had a considerable increase of 117 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $710,497.5 to $578,156.5, which means a 81 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $585,677 they are 16 % more affordable than the average price for Scituate. The properties with the highest average price have 1 bedroom, Their price is 67 % more costly than the average. After that we have properties with 4 bedrooms priced at $906,666.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $248 / sq.feet, with an average $259 / sq.feet price in Scituate. The properties with the highest average prices have 1 bedroom. They are 103 % more expensive than the average followed by properties with 4 bedrooms with a price at $312 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most costly one. At an cost of $585,677 it is 8 % more expensive than the average price in Scituate. "Condo" is seen as the second dearest property type. The dearest property type is "House" followed by "Detached House". At a price of $761,831 it is 68 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Commercial" at an average cost of $263 / sq.feet followed by "Condo" priced at $279 / sq.feet. "House" is the most costly type of property with a $366 / sq.feet cost followed by "Detached House" with an average price of $329 / sq.feet.