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 $287. In October this price pretty much remained the same at a value of $290 per sq.feet. The price for the following two months in (November, December) had a considerable increment of 129 %. The price per sq.feet has increased 113 % 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 $330.75 to $374.5 during January, and February.
Based upon to the price in Scituate (cities), this has gone up considerably in the last 6 months. In our first sample month during September, the average price is $717,242. In October This price remains at $696,426. During the following two months (November, December) the average price had a considerable increase of 129 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $808,651.75 and $807,371 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $810,285 they are 63 % more affordable than the average price for Scituate. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $707,386.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $267 / sq.feet, with an average $371 / sq.feet price in Scituate. The properties with the lowest average prices have 2 bedrooms. They are 13 % cheaper than the average followed by properties with 1 bedroom with a price at $292 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $810,285 it is 31 % cheaper than the average price in Scituate. "Commercial" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $728,666 it is 6 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $198 / sq.feet followed by "Commercial" priced at $245 / sq.feet. "Condo" is the cheapest type of property with a $322 / sq.feet value followed by "House" with an average price of $291 / sq.feet.