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 September, the average price per sq.feet was $251. In October this price pretty much remained the same at a value of $247 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $249 to $268 per sq.feet. The price per sq.feet has had a considerable increase of 425 % 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 $258.5 to $1,098.5 during January, and February.
Based upon to the price in Scituate (cities), this has gone up in the last 6 months. In our first sample month during September, the average price is $629,508. In October This price remains at $615,153. In the following two months the average price has remained the same with regard to the previous two months from $622,330.5 to $634,818. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $777,575 they are 37 % more affordable than the average price for Scituate. The properties with the highest average price have 1 bedroom, Their price is 25 % more costly than the average. After that we have properties with 4 bedrooms priced at $901,237.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $242 / sq.feet, with an average $1,895 / sq.feet price in Scituate. The properties with the lowest average prices have 1 bedroom. They are 73 % cheaper than the average followed by properties with 4 bedrooms with a price at $306 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $777,575 it is 19 % cheaper than the average price in Scituate. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $757,268 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $257 / sq.feet followed by "Condo" priced at $273 / sq.feet. "House" is the cheapest type of property with a $360 / sq.feet value followed by "Detached House" with an average price of $323 / sq.feet.