Property prices for sale in Spencer (Massachusetts)

The prices in real estate in Spencer, 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.

$435,976.17
Average price last 6 months
$1,224.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Spencer has increased strongly during the last 6 months. In October, the average price per sq.feet was $242. In November this price pretty much remained the same at a value of $238 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $240 to $263 per sq.feet. The price per sq.feet has had a considerable increase of 1261 % 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 $251.5 to $3,171.5 during February, and March.

Average price

Based upon to the price in Spencer (cities), these have remained the same in the last 6 months. The average price for October is $450,706. During November the price had a slight fall till $427,185. During the following two months (December, January) the price has had an average incrementation from $438,945.5 to $478,274.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 85 %, going from $458,610 to $390,708.5 in February and March.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $382,842 they are 42 % more affordable than the average price for Spencer. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 33 % more expensive than the average aforementioned.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $248 / sq.feet, with an average $1,522 / sq.feet price in Spencer. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 79 % cheaper than the average value aforementioned.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Spencer
Number of properties used in region Massachusetts
$382,842
$1,522
276
310,844
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value