Massachusetts more expensive than nearly every state for average price per square foot MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent

Massachusetts is one of the most expensive states for real estate based on price per square foot, a recent study from PortlandRealEstate.com found. The website analyzed average home prices and average home sizes in each state to come up with its rankings. Massachusetts was number three overall, with an average home price of $799,000 and an average home size of 1,914 square feet, which comes out to about $417 per square foot. Hawaii had the highest price per square foot, at an average of $681. West Virginia had the least expensive price per square foot, at $133.

The top ten most-expensive states for real estate, based on average price per square foot, according to the study:

Hawaii, $681 per square foot
California, $425
Massachusetts, $417
New York, $416
Rhode Island, $325
Washington, $315
New Jersey, $310
Montana, $309
Oregon, $302
Colorado, $287

The five least-expensive states were:

West Virginia, $133
Mississippi, $142
Ohio, $147
Kansas, $150
Arkansas, $152

The post Massachusetts more expensive than nearly every state for average price per square foot appeared first on Boston Agent Magazine.

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