Property prices for sale in Townsend (Massachusetts)
The prices in real estate in Townsend, 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 Townsend has increased strongly during the last 6 months. In October, the average price per sq.feet was $219. In the following month the price per sq.feet increased considerably to $259. In the following two months the price per sq.feet has increased 110 %, going from $239 to $264 per sq.feet. The price per sq.feet has increased 115 % 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 $251.5 to $288.5 during February, and March.
Based upon to the price in Townsend (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is $508,595. During November the price went through a considerable rise reaching $602,080. During the following two months (December, January) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $525,579.75 to $488,857.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $486,094 they are 80 % more affordable than the average price for Townsend. The properties with the highest average price have 3 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 4 bedrooms priced at $479,651.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $161 / sq.feet, with an average $322 / sq.feet price in Townsend. The properties with the lowest average prices have 3 bedrooms. They are 2 % cheaper than the average followed by properties with 2 bedrooms with a price at $249 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $486,094 it is 40 % cheaper than the average price in Townsend. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $481,490 it is 5 % 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 $257 / sq.feet followed by "Detached House" priced at $265 / sq.feet. "Condo" is the cheapest type of property with a $293 / sq.feet value followed by "Detached House" with an average price of $265 / sq.feet.
