Property prices for sale in Swampscott (Massachusetts)
The prices in real estate in Swampscott, in the Massachusetts region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Swampscott has increased during the last 6 months. In November, the average price per sq.feet was $509. In December this price pretty much remained the same at a value of $509 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $509 to $499.5 per sq.feet. The price per sq.feet has had a considerable increase of 117 % 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 $504.25 to $590.5 during March, and April.
Based upon to the price in Swampscott (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $991,987. During December the price went through a considerable rise reaching $1,358,960. During the following two months (January, February) the price has had an average incrementation from $1,175,473.5 to $1,328,095. During the last two months the average price has had a strong fall compared to the previous four going from $1,251,784.25 to $966,435.5, which means a 77 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $902,612 they are 40 % more affordable than the average price for Swampscott. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,040,594.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $465 / sq.feet, with an average $561 / sq.feet price in Swampscott. The properties with the highest average prices have 1 bedroom. They are 40 % more expensive than the average followed by properties with 4 bedrooms with a price at $676 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $902,612 it is 33 % cheaper than the average price in Swampscott. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $1,027,009 it is 56 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $213 / sq.feet followed by "House" priced at $441 / sq.feet. "Condo" is the cheapest type of property with a $548 / sq.feet value followed by "House" with an average price of $441 / sq.feet.
