The prices in real estate in West Barnstable, 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 West Barnstable has increased strongly during the last 6 months. In January, the average price per sq.feet was $436. In the following month the price per sq.feet increased to $481. In the following two months the price per sq.feet has barely changed, going from $458.5 to $477 per sq.feet. The price per sq.feet has had a considerable increase of 122 % 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 $467.75 to $572.5 during May, and June.
Based upon to the price in West Barnstable (cities), this has fallen considerably in the last 6 months. The average price for January is $1,719,117. During February the price had a considerable reduction till $1,353,625. During the following two months (March, April) the average price had a considerable reduction of 83 % 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 $1,407,375 and $1,348,717 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,164,975 they are 74 % more affordable than the average price for West Barnstable. The properties with the lowest average price have 2 bedrooms, Their price is 52 % cheaper than the average. After that we have properties with 1 bedroom priced at $299,900.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $218 / sq.feet, with an average $556 / sq.feet price in West Barnstable. The properties with the highest average prices have 1 bedroom. They are 33 % more expensive than the average followed by properties with 2 bedrooms with a price at $218 / sq.feet.
With regard to the average price based upon the property in West Barnstable we can see that the cheapest property type is "House" at a price of $564,507, they are 52 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 52 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $218 / sq.feet. "House" with an average cost of $218 / sq.feet has the lowest price and would be directed at less affluent cities.