The prices in real estate in West Yarmouth, 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 Yarmouth has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $2,563. In August this price pretty much remained the same at a value of $2,446 per sq.feet. The price for the following two months in (September, October) had a considerable decrease of 72 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 17 % 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 $2,154 to $357.5 during November, and December.
Based upon to the price in West Yarmouth (cities), this has gone up in the last 6 months. The average price for July is $465,769. During August the price had a slight fall till $397,734. In the following two months the average price has remained the same with regard to the previous two months from $431,751.5 to $439,916.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 149 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $617,981 they are 53 % more affordable than the average price for West Yarmouth. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $430,626.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $105 / sq.feet, with an average $370 / sq.feet price in West Yarmouth. The properties with the highest average prices have 4 bedrooms. They are 1681 % more expensive than the average followed by properties with 3 bedrooms with a price at $3,786 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $617,981 it is 75 % cheaper than the average price in West Yarmouth. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $331,796 it is 27 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $275 / sq.feet followed by "Land" priced at $1,609 / sq.feet. "House" is the most costly type of property with a $2,640 / sq.feet cost followed by "Land" with an average price of $1,609 / sq.feet.