The prices in real estate in Worcester, 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 Worcester has remained the same in the last 6 months. In December, the average price per sq.feet was $232. In January this price pretty much remained the same at a value of $225 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $228.5 to $231 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 $229.75 to $238.5 during April y May
Based upon to the price in Worcester (cities), these have remained the same in the last 6 months. In our first sample month during December, the average price is $465,887. In January This price remains at $448,188. During the following two months (February, March) the price has had an average incrementation from $457,037.5 to $482,457. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % 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 $497,907 they are 44 % more affordable than the average price for Worcester. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 3 bedrooms priced at $401,257.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $253 / sq.feet, with an average $244 / sq.feet price in Worcester. The properties with the highest average prices have 3 bedrooms. They are 18 % more expensive than the average followed by properties with 1 bedroom with a price at $287 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $497,907 it is 53 % cheaper than the average price in Worcester. "Detached House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $496,532 it is 53 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $184 / sq.feet followed by "House" priced at $251 / sq.feet. "Condo" is the most costly type of property with a $838 / sq.feet cost followed by "Detached House" with an average price of $813 / sq.feet.