The prices in real estate in West Greenwich, in the Rhode Island region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in West Greenwich has remained the same in the last 6 months. In October, the average price per sq.feet was $269. In the following month the price per sq.feet increased to $288. In the following two months the price per sq.feet has barely changed, going from $278.5 to $271 per sq.feet. The price per sq.feet has decreased 92 % 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 $274.75 to $252.5 during February, and March.
Based upon to the price in West Greenwich (cities), this has fallen considerably in the last 6 months. The average price for October is $535,092. During November the price had a slight fall till $501,932. During the following two months (December, January) the average price had a considerable reduction of 68 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $434,683.5 to $380,948.5 in 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 $377,850 they are 16 % more affordable than the average price for West Greenwich. The properties with the highest average price have 4 bedrooms, Their price is 65 % more costly than the average. After that we have properties with 3 bedrooms priced at $485,649.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $124 / sq.feet, with an average $252 / sq.feet price in West Greenwich. The properties with the highest average prices have 3 bedrooms. They are 158 % more expensive than the average followed by properties with 1 bedroom with a price at $240 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $377,850 it is 15 % more expensive than the average price in West Greenwich. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Apartment". At a price of $432,640 it is 15 % 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 $112 / sq.feet followed by "House" priced at $150 / sq.feet. "House" is the cheapest type of property with a $150 / sq.feet value followed by "Apartment" with an average price of $112 / sq.feet.