Property prices for sale in Southborough (Massachusetts)
The prices in real estate in Southborough, in the Massachusetts region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Southborough has remained the same in the last 6 months. In October, the average price per sq.feet was $375. In the following month the price per sq.feet decreased to $342. In the following two months the price per sq.feet has barely changed, going from $358.5 to $366 per sq.feet. The price per sq.feet has had a considerable increase of 120 % 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 $362.25 to $433 during February, and March.
Based upon to the price in Southborough (cities), this has gone up considerably in the last 6 months. The average price for October is $1,184,948. During November the price had a slight fall till $1,072,178. In the following two months the average price has remained the same with regard to the previous two months from $1,128,563 to $1,128,846. Based on an analysis of the first four prices and the last two months the average price has risen strongly 169 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,388,400 they are 80 % more affordable than the average price for Southborough. The properties with the lowest average price have 4 bedrooms, Their price is 30 % cheaper than the average. After that we have properties with 3 bedrooms priced at $676,027.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $199 / sq.feet, with an average $418 / sq.feet price in Southborough. The properties with the lowest average prices have 1 bedroom. They are 40 % cheaper than the average followed by properties with 3 bedrooms with a price at $211 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,388,400 it is 40 % cheaper than the average price in Southborough. "House" is seen as the second most affordable property type. The cheapest type property is "Farm" followed by "House". At a price of $887,782 it is 23 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $185 / sq.feet followed by "Farm" priced at $194 / sq.feet. "House" is the cheapest type of property with a $205 / sq.feet value followed by "Farm" with an average price of $194 / sq.feet.
