The prices in real estate in Southbridge, 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 Southbridge has remained the same in the last 6 months. In November, the average price per sq.feet was $139. In December this price pretty much remained the same at a value of $134 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $136.5 to $140 per sq.feet. The price per sq.feet has increased 107 % 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 $138.25 to $148.5 during March, and April.
Based upon to the price in Southbridge (cities), these have remained the same in the last 6 months. The average price for November is $273,126. During December the price had a slight fall till $254,701. In the following two months the average price has remained the same with regard to the previous two months from $263,913.5 to $262,090.5. 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 $263,002 and $275,498.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $280,505 they are 60 % more affordable than the average price for Southbridge. The properties with the lowest average price have 3 bedrooms, Their price is 32 % cheaper than the average. After that we have properties with 4 bedrooms priced at $188,484.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $81 / sq.feet, with an average $148 / sq.feet price in Southbridge. The properties with the lowest average prices have 1 bedroom. They are 36 % cheaper than the average followed by properties with 3 bedrooms with a price at $86 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $280,505 it is 36 % cheaper than the average price in Southbridge. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $187,074 it is 33 % 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 $79 / sq.feet followed by "Office" priced at $80 / sq.feet. "House" is the cheapest type of property with a $81 / sq.feet value followed by "Office" with an average price of $80 / sq.feet.