The prices in real estate in Wareham, in the Massachusetts region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Wareham has increased during the last 6 months. In February, the average price per sq.feet was $270. In March this price pretty much remained the same at a value of $278 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $274 to $301 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 $287.5 to $330 during June, and July.
Based upon to the price in Wareham (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $537,874. In March This price remains at $518,441. During the following two months (April, May) the average price had a considerable increase of 196 % 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 138 % 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 $1,328,277 they are 89 % more affordable than the average price for Wareham. The properties with the lowest average price have 4 bedrooms, Their price is 44 % cheaper than the average. After that we have properties with 3 bedrooms priced at $411,523.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $129 / sq.feet, with an average $350 / sq.feet price in Wareham. The properties with the lowest average prices have 3 bedrooms. They are 27 % cheaper than the average followed by properties with 4 bedrooms with a price at $239 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,328,277 it is 76 % cheaper than the average price in Wareham. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $383,912 it is 71 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $214 / sq.feet followed by "House" priced at $215 / sq.feet. "Condo" is the cheapest type of property with a $218 / sq.feet value followed by "House" with an average price of $215 / sq.feet.