The prices in real estate in West Dennis, in the Massachusetts region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in West Dennis has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $2,230. In the following month the price per sq.feet decreased considerably to $422. The price for the following two months in (September, October) had a considerable decrease of 31 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 47 % 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 $870.25 to $412 during November, and December.
Based upon to the price in West Dennis (cities), this has fallen considerably in the last 6 months. The average price for July is $1,331,600. During August the price had a considerable reduction till $797,568. During the following two months (September, October) the average price had a considerable reduction of 71 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $908,374.75 to $581,829, which means a 64 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $544,025 they are 42 % more affordable than the average price for West Dennis. The properties with the highest average price have 4 bedrooms, Their price is 136 % more costly than the average. After that we have properties with 3 bedrooms priced at $684,524.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $358 / sq.feet, with an average $405 / sq.feet price in West Dennis. The properties with the highest average prices have 4 bedrooms. They are 20 % more expensive than the average followed by properties with 1 bedroom with a price at $415 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most costly one. At an cost of $544,025 it is 25 % more expensive than the average price in West Dennis. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Land". At a price of $678,689 it is 59 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $427 / sq.feet followed by "Land" priced at $1,381 / sq.feet. "Land" is the most costly type of property with a $1,381 / sq.feet cost followed by "House" with an average price of $427 / sq.feet.