The prices in real estate in Sherborn, 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 Sherborn has increased strongly during the last 6 months. In December, the average price per sq.feet was $301. In January this price pretty much remained the same at a value of $312 per sq.feet. The price for the following two months in (February, March) had a considerable increment of 1489 %. The price per sq.feet has had a considerable deflation of 13 % 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 $2,435 to $324 during April, and May.
Based upon to the price in Sherborn (cities), this has gone up in the last 6 months. In our first sample month during December, the average price is $897,523. In January This price remains at $932,971. During the following two months (February, March) the price has had an average incrementation from $915,247 to $1,019,127. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 0 % more costly than the average price of $1,030,542 in Sherborn. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 0 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 9 % cheaper than the average price of ($281 / sq.feet) in Sherborn. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 9 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $1,027,474 it is 0 % more expensive than the average price in Sherborn. "Condo" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Condo". At a price of $1,097,153 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $281 / sq.feet followed by "Condo" priced at $3,472 / sq.feet. "Apartment" is the most costly type of property with a $6,665 / sq.feet cost followed by "Condo" with an average price of $3,472 / sq.feet.