The prices in real estate in Tamworth, in the New Hampshire 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 Tamworth has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $377. In the following month the price per sq.feet decreased considerably to $229. The price for the following two months in (August, September) had a considerable decrease of 73 with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $262.75 to $242.5 during October, and November.
Based upon to the price in Tamworth (cities), this has gone up in the last 6 months. The price in June is $483,025, rising in July till $523,066. During the following two months (August, September) the price has had an average incrementation from $503,045.5 to $551,695.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $527,370.5 to $493,174.5 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $445,157 they are 42 % more affordable than the average price for Tamworth. The properties with the highest average price have 4 bedrooms, Their price is 56 % more costly than the average. After that we have properties with 3 bedrooms priced at $426,522.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $186 / sq.feet, with an average $251 / sq.feet price in Tamworth. The properties with the highest average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 2 bedrooms with a price at $270 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $445,157 it is 17 % cheaper than the average price in Tamworth. "Commercial" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $371,085 it is 298 % 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 $245 / sq.feet followed by "Commercial" priced at $407 / sq.feet. "Commercial" is the most costly type of property with a $407 / sq.feet cost followed by "House" with an average price of $245 / sq.feet.