Property prices for sale in Wellesley (Massachusetts)
The prices in real estate in Wellesley, 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 Wellesley has increased strongly during the last 6 months. In October, the average price per sq.feet was $671. In November this price pretty much remained the same at a value of $689 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 125 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $765.25 to $788 during February y March
Based upon to the price in Wellesley (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $2,416,641. In November This price remains at $2,515,904. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. 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 $2,394,991.5 and $2,413,972.5 between 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 $2,473,669 they are 49 % more affordable than the average price for Wellesley. The properties with the lowest average price have 4 bedrooms, Their price is 16 % cheaper than the average. After that we have properties with 2 bedrooms priced at $1,914,156.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $675 / sq.feet, with an average $725 / sq.feet price in Wellesley. The properties with the highest average prices have 1 bedroom. They are 64 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,136 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $2,473,669 it is 64 % cheaper than the average price in Wellesley. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $1,884,721 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $659 / sq.feet followed by "House" priced at $694 / sq.feet. "Condo" is the most costly type of property with a $1,086 / sq.feet cost followed by "House" with an average price of $694 / sq.feet.
