The prices in real estate in Beacon Falls, in the Connecticut 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 Beacon Falls has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $8,430. In the following month the price per sq.feet decreased considerably to $920. The price for the following two months in (May, June) had a considerable decrease of 32 with regard to the prior two months. The price per sq.feet has had a considerable increase of 473 % 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 $3,076 to $14,535.5 during July, and August.
Based upon to the price in Beacon Falls (cities), these have remained the same in the last 6 months. The price in March is $437,494, rising in April till $465,259. During the following two months (May, June) the price has had an average incrementation from $451,376.5 to $483,296. During the last two months the average price has had a strong fall compared to the previous four going from $467,336.25 to $378,461.5, which means a 81 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $370,400 they are 85 % more affordable than the average price for Beacon Falls. The properties with the highest average price have 3 bedrooms, Their price is 50 % more costly than the average. After that we have properties with 4 bedrooms priced at $464,101.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $74 / sq.feet, with an average $15,981 / sq.feet price in Beacon Falls. The properties with the lowest average prices have 3 bedrooms. They are 99 % cheaper than the average followed by properties with 4 bedrooms with a price at $194 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $370,400 it is 54 % cheaper than the average price in Beacon Falls. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $381,099 it is 33 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $112 / sq.feet followed by "Condo" priced at $183 / sq.feet. "House" is the cheapest type of property with a $190 / sq.feet value followed by "Condo" with an average price of $183 / sq.feet.