The prices in real estate in Worcester, in the Massachusetts region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Worcester has increased during the last 6 months. In August, the average price per sq.feet was $131. In the following month the price per sq.feet increased to $139. In the following two months the price per sq.feet has increased 109 %, going from $135 to $146.5 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 $140.75 to $138.5 during December y January
Based upon to the price in Worcester (cities), this has gone up in the last 6 months. In our first sample month during August, the average price is $228,597. In September This price remains at $236,549. During the following two months (October, November) the price has had an average incrementation from $232,573 to $253,835.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $243,204.25 and $253,469.5 between December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $265,207 they are 38 % more affordable than the average price for Worcester. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 1 bedroom priced at $237,912.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $150 / sq.feet, with an average $143 / sq.feet price in Worcester. The properties with the highest average prices have 1 bedroom. They are 93 % more expensive than the average followed by properties with 3 bedrooms with a price at $168 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $265,207 it is 45 % cheaper than the average price in Worcester. "Villa" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Office". At a price of $245,714 it is 2 % 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 $141 / sq.feet followed by "House" priced at $147 / sq.feet. "Office" is the most costly type of property with a $843 / sq.feet cost followed by "Villa" with an average price of $838 / sq.feet.