Property prices for sale in Wilbraham (Massachusetts)
The prices in real estate in Wilbraham, 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 Wilbraham has increased strongly during the last 6 months. In November, the average price per sq.feet was $231. In the following month the price per sq.feet increased to $245. The price for the following two months in (January, February) had a considerable increment of 514 %. The price per sq.feet has had a considerable increase of 178 % 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 $730.75 to $1,302 during March, and April.
Based upon to the price in Wilbraham (cities), these have remained the same in the last 6 months. The price in November is $539,512, rising in December till $581,689. In the following two months the average price has remained the same with regard to the previous two months from $560,600.5 to $537,733.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $549,167 to $508,370.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $498,239 they are 52 % more affordable than the average price for Wilbraham. The properties with the highest average price have 4 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 3 bedrooms priced at $485,726.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $202 / sq.feet, with an average $248 / sq.feet price in Wilbraham. The properties with the highest average prices have 1 bedroom. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at $248 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $498,239 it is 26 % cheaper than the average price in Wilbraham. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $426,925 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $183 / sq.feet followed by "House" priced at $197 / sq.feet. "Condo" is the most costly type of property with a $266 / sq.feet cost followed by "House" with an average price of $197 / sq.feet.
