Property prices for sale in Truro (Massachusetts)
The prices in real estate in Truro, 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 Truro has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,226. In the following month the price per sq.feet decreased considerably to $923. The price for the following two months in (December, January) had a considerable increment of 165 %. The price per sq.feet has had a considerable increase of 241 % 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 $1,424.75 to $3,435.5 during February, and March.
Based upon to the price in Truro (cities), this has gone downing the last 6 months. The average price for October is $1,685,199. During November the price had a considerable reduction till $1,211,843. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,717,339 they are 70 % more affordable than the average price for Truro. The properties with the highest average price have 4 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,487,154.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $1,337 / sq.feet, with an average $3,192 / sq.feet price in Truro. The properties with the highest average prices have 4 bedrooms. They are 51 % more expensive than the average followed by properties with 3 bedrooms with a price at $3,021 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,717,339 it is 70 % cheaper than the average price in Truro. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $507,967 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $1,280 / sq.feet followed by "House" priced at $2,876 / sq.feet. "House" is the cheapest type of property with a $2,876 / sq.feet value followed by "Condo" with an average price of $1,280 / sq.feet.
