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 April, the average price per sq.feet was $162. In May this price pretty much remained the same at a value of $162 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $162 to $171 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 $166.5 to $174.5 during August y September
Based upon to the price in Worcester (cities), this has gone downing the last 6 months. In our first sample month during April, the average price is $403,764. In May This price remains at $394,880. During the following two months (June, July) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $388,971.25 to $366,838 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $365,390 they are 69 % more affordable than the average price for Worcester. The properties with the lowest average price have 4 bedrooms, Their price is 25 % cheaper than the average. After that we have properties with 3 bedrooms priced at $232,026.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $137 / sq.feet, with an average $168 / sq.feet price in Worcester. The properties with the highest average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $153 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $365,390 it is 46 % cheaper than the average price in Worcester. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Office". At a price of $243,752 it is 33 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $144 / sq.feet followed by "Condo" priced at $155 / sq.feet. "House" is the most costly type of property with a $845 / sq.feet cost followed by "Office" with an average price of $835 / sq.feet.