The prices in real estate in Woburn, in the Massachusetts 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 Woburn has remained the same in the last 6 months. In January, the average price per sq.feet was $314. In February this price pretty much remained the same at a value of $323 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $318.5 to $303 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $310.75 to $296 during May y June
Based upon to the price in Woburn (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $540,941. During February the price went through a considerable rise reaching $628,305. During the following two months (March, April) the price has had an average incrementation from $584,623 to $657,681. Based on an analysis of the first four prices and the last two months the average price has risen strongly 130 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $837,917 they are 52 % more affordable than the average price for Woburn. The properties with the lowest average price have 1 bedroom, Their price is 38 % cheaper than the average. After that we have properties with 4 bedrooms priced at $494,423.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $245 / sq.feet, with an average $294 / sq.feet price in Woburn. The properties with the highest average prices have 3 bedrooms. They are 610 % more expensive than the average followed by properties with 1 bedroom with a price at $483 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $837,917 it is 70 % cheaper than the average price in Woburn. "Office" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $485,716 it is 38 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $279 / sq.feet followed by "House" priced at $318 / sq.feet. "Farm" is the most costly type of property with a $927 / sq.feet cost followed by "Office" with an average price of $783 / sq.feet.