The prices in real estate in Bennington, in the Vermont region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Bennington has increased strongly during the last 6 months. In February, the average price per sq.feet was $78. In the following month the price per sq.feet increased considerably to $1,305. The price for the following two months in (April, May) had a considerable increment of 208 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,066 to $1,026.5 during June y July
Based upon to the price in Bennington (cities), this has fallen considerably in the last 6 months. The average price for February is $347,799. During March the price had a considerable reduction till $175,963. During the following two months (April, May) the average price had a considerable reduction of 70 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $222,841.25 to $180,688, 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 $180,525 they are 35 % more affordable than the average price for Bennington. The properties with the highest average price have 4 bedrooms, Their price is 69 % more costly than the average. After that we have properties with 2 bedrooms priced at $199,414.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $107 / sq.feet, with an average $372 / sq.feet price in Bennington. The properties with the highest average prices have 4 bedrooms. They are 442 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,605 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $180,525 it is 60 % cheaper than the average price in Bennington. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Duplex". At a price of $288,651 it is 583 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $102 / sq.feet followed by "Land" priced at $185 / sq.feet. "Commercial" is the most costly type of property with a $8,052 / sq.feet cost followed by "House" with an average price of $2,075 / sq.feet.