The prices in real estate in Newtown, in the Connecticut 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 Newtown has increased during the last 6 months. In October, the average price per sq.feet was $400. In the following month the price per sq.feet decreased to $355. The price for the following two months in (December, January) had a considerable decrease of 77 with regard to the prior two months. The price per sq.feet has had a considerable increase of 179 % 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 $334.5 to $599.5 during February, and March.
Based upon to the price in Newtown (cities), these have remained the same in the last 6 months. The average price for October is $771,639. During November the price had a slight fall till $725,392. During the following two months (December, January) the price has had an average incrementation from $748,515.5 to $811,410. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $779,962.75 and $782,664.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $798,838 they are 51 % more affordable than the average price for Newtown. The properties with the highest average price have 4 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 3 bedrooms priced at $459,325.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $289 / sq.feet, with an average $912 / sq.feet price in Newtown. The properties with the lowest average prices have 4 bedrooms. They are 61 % cheaper than the average followed by properties with 1 bedroom with a price at $331 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $798,838 it is 6 % cheaper than the average price in Newtown. "Detached House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Detached House". At a price of $783,825 it is 0 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $250 / sq.feet followed by "Apartment" priced at $277 / sq.feet. "House" is the cheapest type of property with a $319 / sq.feet value followed by "Apartment" with an average price of $277 / sq.feet.