The prices in real estate in Winchendon, 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 Winchendon has increased strongly during the last 6 months. In October, the average price per sq.feet was $214. In November this price pretty much remained the same at a value of $219 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $216.5 to $235 per sq.feet. The price per sq.feet has had a considerable increase of 526 % 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 $225.75 to $1,188.5 during February, and March.
Based upon to the price in Winchendon (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $403,815. In November This price remains at $406,927. In the following two months the average price has remained the same with regard to the previous two months from $405,371 to $401,966. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $463,304 they are 58 % more affordable than the average price for Winchendon. The properties with the lowest average price have 4 bedrooms, Their price is 28 % cheaper than the average. After that we have properties with 1 bedroom priced at $292,994.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $119 / sq.feet, with an average $661 / sq.feet price in Winchendon. The properties with the lowest average prices have 1 bedroom. They are 37 % cheaper than the average followed by properties with 4 bedrooms with a price at $170 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $463,304 it is 59 % cheaper than the average price in Winchendon. "Farm" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $241,216 it is 38 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $64 / sq.feet followed by "House" priced at $144 / sq.feet. "Detached House" is the most costly type of property with a $1,100 / sq.feet cost followed by "Farm" with an average price of $723 / sq.feet.