The average price in the Connecticut region has had a slight decrease in recent months. There has been a deflation in the prices in this region.
The price per sq.feet in Connecticut has risen in the last 6 months. During September, the average price per sq.feet was $332. The following month (October) the price had a considerable deflation reaching $276 per sq.feet. The following two months (November, December) went through an increase of 110 % in the price per sq.feet rising from $304 to $333.5 per sq.feet. In the last two months, the price per sq.feet has had a significant decrease of 82 %. This has been obtained by comparing the price of $318.75 for the first four months of the sample with regard to the previous 4 months and the price of $261 per sq.feet for the last two months (January, February).
Based upon to the price in Connecticut (region), this has decreased in the last 6 months. In the first month sample September the average price is $660,755. In October the price was the same at $673,551. The average price for the following two months (November, December) decreased 93 % compared to the prior two. During the last two months the price has reduced 88 % compared to the previous average values going from $642,267 a $567,260.5 in January and February.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 65 % more affordable than the average price in Connecticut followed by those with 2 with an average price of $308,866. The most costly properties have 4 bedrooms. They are 22 % more expensive than the average followed by those properties with 3 bedrooms priced at $460,697.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $233 / sq.feet being $272 / sq.feet the average value within the Connecticut region. The properties with the most expensive average price are those with 3 bedrooms. These are 3 % more costly than the average followed by those with 1 bedroom with a price of $252 / sq.feet.
The graph displaying the average price according to the property type shows "Apartment" as the cheapest one. With an average cost of $602,327 it is 54 % more affordable than the average in Connecticut. This is followed by "Townhouse" with a price of $325,606. The dearest property type is "Detached House" and is 108 % more expensive than the average, followed by "House" with a cost of $653,464.
Based on the average cost per sq.feet the cheapest property type is "Apartment with a an average cost of $216 / sq.feet, followed by "Townhouse" with a price of $217 / sq.feet. "Land" with an average price of $19,500 / sq.feet is the most costly type of property followed by "Detached House" at a price of $354 / sq.feet.