The prices in real estate in Sunderland, 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 Sunderland has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $309. In the following month the price per sq.feet decreased considerably to $260. The price for the following two months in (May, June) decreased 91 % with regard to the prior two months. The price per sq.feet has decreased 89 % 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 $271 to $240 during July, and August.
Based upon to the price in Sunderland (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $531,000. During April the price went through a considerable rise reaching $663,000. During the following two months (May, June) the average price had a considerable increase of 116 % with regard to the previous two months. 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 $644,035.75 to $549,644 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $582,988 they are 46 % more affordable than the average price for Sunderland. The properties with the lowest average price have 1 bedroom, Their price is 45 % cheaper than the average. After that we have properties with 2 bedrooms priced at $317,260.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $147 / sq.feet, with an average $242 / sq.feet price in Sunderland. The properties with the lowest average prices have 1 bedroom. They are 36 % cheaper than the average followed by properties with 2 bedrooms with a price at $151 / sq.feet.
With regard to the average price based upon the property in Sunderland we can see that the cheapest property type is "House" at a price of $315,991, they are 46 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 46 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $147 / sq.feet. "House" with an average cost of $147 / sq.feet has the lowest price and would be directed at less affluent cities.