Property prices for sale in Somerset (Massachusetts)
The prices in real estate in Somerset, in the Massachusetts region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Somerset has increased during the last 6 months. In November, the average price per sq.feet was $299. In the following month the price per sq.feet increased to $316. In the following two months the price per sq.feet has barely changed, going from $307.5 to $314 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $310.75 to $320.5 during March y April
Based upon to the price in Somerset (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $534,587. In December This price remains at $551,097. During the following two months (January, February) the price has had an average incrementation from $542,842 to $586,117.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $564,479.75 to $512,683 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $489,450 they are 42 % more affordable than the average price for Somerset. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $474,588.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $260 / sq.feet, with an average $320 / sq.feet price in Somerset. The properties with the highest average prices have 3 bedrooms. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at $321 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $489,450 it is 35 % cheaper than the average price in Somerset. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $316,267 it is 4 % 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 $318 / sq.feet followed by "Apartment" priced at $339 / sq.feet. "Apartment" is the most costly type of property with a $339 / sq.feet cost followed by "House" with an average price of $318 / sq.feet.
