The prices in real estate in Sutton, 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 Sutton has increased strongly during the last 6 months. In October, the average price per sq.feet was $314. In November this price pretty much remained the same at a value of $314 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 248 %. The price per sq.feet has had a considerable increase of 1280 % 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 $546 to $6,989 during February, and March.
Based upon to the price in Sutton (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $661,262. During November the price went through a considerable rise reaching $797,247. During the following two months (December, January) the price has had an average incrementation from $729,254.5 to $801,169. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $798,294 they are 72 % more affordable than the average price for Sutton. The properties with the lowest average price have 4 bedrooms, Their price is 10 % cheaper than the average. After that we have properties with 3 bedrooms priced at $465,734.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $157 / sq.feet, with an average $6,391 / sq.feet price in Sutton. The properties with the lowest average prices have 1 bedroom. They are 97 % cheaper than the average followed by properties with 4 bedrooms with a price at $167 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $798,294 it is 46 % cheaper than the average price in Sutton. "House" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $620,504 it is 1316 % 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 $147 / sq.feet followed by "Commercial Property" priced at $153 / sq.feet. "Townhouse" is the most costly type of property with a $18,924 / sq.feet cost followed by "Commercial Property" with an average price of $153 / sq.feet.