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 March, the average price per sq.feet was $911. In April this price pretty much remained the same at a value of $877 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $894 to $888.5 per sq.feet. The price per sq.feet has had a considerable increase of 170 % 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 $891.25 to $1,514.5 during July, and August.
Based upon to the price in Truro (cities), this has gone downing the last 6 months. The average price for March is $1,698,250. During April the price had a considerable reduction till $1,257,145. During the following two months (May, June) the average price fell 95 % 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 gone up 113 % 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 $1,812,201 they are 70 % more affordable than the average price for Truro. The properties with the highest average price have 4 bedrooms, Their price is 43 % more costly than the average. After that we have properties with 3 bedrooms priced at $2,340,923.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $1,003 / sq.feet, with an average $1,798 / sq.feet price in Truro. The properties with the highest average prices have 3 bedrooms. They are 114 % more expensive than the average followed by properties with 4 bedrooms with a price at $2,986 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,812,201 it is 65 % 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 $643,200 it is 8 % 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 $1,054 / sq.feet followed by "House" priced at $1,992 / sq.feet. "House" is the most costly type of property with a $1,992 / sq.feet cost followed by "Condo" with an average price of $1,054 / sq.feet.
