The prices in real estate in Swansea, 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 Swansea has increased strongly during the last 6 months. In September, the average price per sq.feet was $174. In October this price pretty much remained the same at a value of $173 per sq.feet. In the following two months the price per sq.feet has increased 115 %, going from $173.5 to $199.5 per sq.feet. The price per sq.feet has had a considerable increase of 1927 % 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 $186.5 to $3,594.5 during January, and February.
Based upon to the price in Swansea (cities), these have remained the same in the last 6 months. The average price for September is $332,182. During October the price had a slight fall till $313,220. During the following two months (November, December) the price has had an average incrementation from $322,701 to $356,628.5. 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 $339,664.75 and $331,025 between January and February.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 19 % cheaper than the average price of $279,888 in Swansea. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 19 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 31 % cheaper than the average price of ($4,848 / sq.feet) in Swansea. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 31 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $343,950 it is 19 % cheaper than the average price in Swansea. "Commercial" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $279,888 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $3,420 / sq.feet followed by "House" priced at $4,848 / sq.feet. "House" is the cheapest type of property with a $4,848 / sq.feet value followed by "Commercial" with an average price of $3,420 / sq.feet.