Property prices for sale in Tiverton (Rhode Island)
The prices in real estate in Tiverton, in the Rhode Island 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 Tiverton has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,178. In the following month the price per sq.feet decreased considerably to $872. The price for the following two months in (January, February) had a considerable decrease of 66 with regard to the prior two months. 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 $851.5 to $993.5 during March, and April.
Based upon to the price in Tiverton (cities), this has gone downing the last 6 months. The average price for November is $718,185. During December the price had a slight fall till $623,490. In the following two months the average price has remained the same with regard to the previous two months from $670,837.5 to $665,012. 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 $667,924.75 and $652,926 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $690,109 they are 30 % more affordable than the average price for Tiverton. The properties with the highest average price have 4 bedrooms, Their price is 73 % more costly than the average. After that we have properties with 3 bedrooms priced at $773,469.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $323 / sq.feet, with an average $397 / sq.feet price in Tiverton. The properties with the highest average prices have 1 bedroom. They are 511 % more expensive than the average followed by properties with 3 bedrooms with a price at $472 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $690,109 it is 57 % cheaper than the average price in Tiverton. "Land" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Condo". At a price of $968,560 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $124 / sq.feet followed by "Townhouse" priced at $372 / sq.feet. "Land" is the most costly type of property with a $24,865 / sq.feet cost followed by "Condo" with an average price of $573 / sq.feet.
