The prices in real estate in Southwick, in the Massachusetts region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Southwick has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $186. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (September, October) had a considerable increment of 197 %. The price per sq.feet has had a considerable increase of 121 % 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 to $166.5 during November, and December.
Based upon to the price in Southwick (cities), this has gone downing the last 6 months. The average price for July is $347,514. During August the price had a considerable reduction till . During the following two months (September, October) the average price had a considerable increase of 236 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % 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 $325,560 they are 40 % more affordable than the average price for Southwick. The properties with the highest average price have 4 bedrooms, Their price is 112 % more costly than the average. After that we have properties with 3 bedrooms priced at $463,984.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $168 / sq.feet, with an average $166 / sq.feet price in Southwick. The properties with the highest average prices have 4 bedrooms. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $191 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $325,560 it is 20 % cheaper than the average price in Southwick. "Commercial" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Commercial". At a price of $297,332 it is 8 % 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 $134 / sq.feet followed by "Commercial" priced at $145 / sq.feet. "Townhouse" is the most costly type of property with a $175 / sq.feet cost followed by "Commercial" with an average price of $145 / sq.feet.