Market Conditions in 02130>Question Details

Mpinjp, Other/Just Looking in 02130

What is the average price per square foot of LAND in JP?

Asked by Mpinjp, 02130 Tue Jun 12, 2012

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3
That is a very difficult question to answer. there is not much land available in JP and the location and zoning of the land make all the difference in price. If you want a price opinion on a lot of land it has to be approached on a case by case basis.
1 vote Thank Flag Link Thu Jun 14, 2012
Jaime is right not much land changes hands.
In the last 2 years 5 residential lots have sold with the following stats:
Avg. List$: $193,580 Avg. DOM: 145 Avg. Sale$: $172,000 Avg. Price / Sqre Ft $4773
Web Reference: http://territory.com
0 votes Thank Flag Link Tue Jun 12, 2012
Hi Mpinjo,
There is not a whole lot of land for sale in town but price ranges around $5000.00 sq.ft (+-15%) for residential areas and it can go as high as $20,000.00 sq.ft for commercial.
Good luck with your search.
Jaime
0 votes Thank Flag Link Tue Jun 12, 2012
Are you sure that's right? That would mean a 3700 square foot piece of property would be worth $18,500,000.00. Obviously that's not the case. Perhaps it would be easier to figure the per acre or fraction thereof amount.
Flag Tue Jun 12, 2012
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