The prices in real estate in Barre, in the Vermont region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Barre has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $75. In the following month the price per sq.feet decreased considerably to $43. The price for the following two months in (April, May) had a considerable decrease of 45 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 77 % 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 $42.75 to $33 during June, and July.
Based upon to the price in Barre (cities), this has gone downing the last 6 months. The average price for February is $128,267. During March the price had a slight fall till $117,469. During the following two months (April, May) the average price fell 91 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $123,761 they are 20 % more expensive than the average price for Barre. Following this ranking we find those properties with 1 at an average price of $149,087. The properties with the highest average price have 1 bedroom, Their price is 20 % more costly than the average. After that we have properties with 2 bedrooms priced at $148,341.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $70 / sq.feet, with an average $45 / sq.feet price in Barre. The properties with the highest average prices have 1 bedroom. They are 67 % more expensive than the average followed by properties with 2 bedrooms with a price at $70 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $123,761 it is 4 % cheaper than the average price in Barre. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $129,572 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $70 / sq.feet followed by "Condo" priced at $176 / sq.feet. "Duplex" is the most costly type of property with a $183 / sq.feet cost followed by "Condo" with an average price of $176 / sq.feet.