The prices in real estate in Southwick, 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 Southwick has increased strongly during the last 6 months. In December, the average price per sq.feet was $166. In the following month the price per sq.feet increased considerably to $194. In the following two months the price per sq.feet has increased 109 %, going from $180 to $197 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 $188.5 to $196.5 during April y May
Based upon to the price in Southwick (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during December, is $325,560. During January the price went through a considerable rise reaching $381,928. During the following two months (February, March) the price has had an average incrementation from $353,744 to $390,899. 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 $372,321.5 and $382,993 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $387,391 they are 50 % more affordable than the average price for Southwick. The properties with the highest average price have 4 bedrooms, Their price is 77 % more costly than the average. After that we have properties with 3 bedrooms priced at $461,666.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $163 / sq.feet, with an average $199 / sq.feet price in Southwick. The properties with the lowest average prices have 4 bedrooms. They are 3 % cheaper than the average followed by properties with 2 bedrooms with a price at $186 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $387,391 it is 33 % cheaper than the average price in Southwick. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Commercial". At a price of $295,845 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $129 / sq.feet followed by "Commercial" priced at $140 / sq.feet. "Townhouse" is the cheapest type of property with a $170 / sq.feet value followed by "Commercial" with an average price of $140 / sq.feet.