The prices in real estate in Wenham, in the Massachusetts region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Wenham has fallen in the last 6 months. In April, the average price per sq.feet was $488. In the following month the price per sq.feet decreased to $460. The price for the following two months in (June, July) decreased 86 % with regard to the prior two months. The price per sq.feet has decreased 91 % 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 $440.75 to $402 during August, and September.
Based upon to the price in Wenham (cities), these have remained the same in the last 6 months. In our first sample month during April, the average price is $1,338,387. In May This price remains at $1,308,542. In the following two months the average price has remained the same with regard to the previous two months from $1,323,464.5 to $1,359,296. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,491,650 they are 39 % more affordable than the average price for Wenham. The properties with the lowest average price have 1 bedroom, Their price is 13 % cheaper than the average. After that we have properties with 2 bedrooms priced at $909,749.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $491 / sq.feet, with an average $401 / sq.feet price in Wenham. The properties with the highest average prices have 1 bedroom. They are 985 % more expensive than the average followed by properties with 2 bedrooms with a price at $491 / sq.feet.
With regard to the average price based upon the property in Wenham we can see that the cheapest property type is "House" at a price of $909,749, they are 39 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 39 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $491 / sq.feet. "House" at an average price of $491 / sq.feet has the most expensive price and would be directed at more affluent cities.