Property prices for sale in Worcester (Massachusetts)
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 November, the average price per sq.feet was $229. In December this price pretty much remained the same at a value of $230 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $229.5 to $233 per sq.feet. The price per sq.feet has increased 112 % 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 $231.25 to $258.5 during March, and April.
Based upon to the price in Worcester (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $435,670. In December This price remains at $443,598. During the following two months (January, February) the price has had an average incrementation from $439,634 to $463,100. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % 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 $504,872 they are 70 % more affordable than the average price for Worcester. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $426,967.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $263 / sq.feet, with an average $275 / sq.feet price in Worcester. The properties with the highest average prices have 2 bedrooms. They are 7 % more expensive than the average followed by properties with 1 bedroom with a price at $283 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $504,872 it is 54 % cheaper than the average price in Worcester. "Detached House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $282,046 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $242 / sq.feet followed by "House" priced at $265 / sq.feet. "Detached House" is the most costly type of property with a $807 / sq.feet cost followed by "Villa" with an average price of $787 / sq.feet.
