The prices in real estate in Bethany, in the Connecticut 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 Bethany has increased strongly during the last 6 months. In December, the average price per sq.feet was $251. In the following month the price per sq.feet increased to $278. The price for the following two months in (February, March) had a considerable increment of 929 %. The price per sq.feet has had a considerable deflation of 18 % 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 $1,360.5 to $239 during April, and May.
Based upon to the price in Bethany (cities), these have remained the same in the last 6 months. In our first sample month during December, the average price is $552,875. In January This price remains at $577,696. In the following two months the average price has remained the same with regard to the previous two months from $565,285.5 to $576,219. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $570,752.25 to $513,302.5 in April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $536,080 they are 43 % more affordable than the average price for Bethany. The properties with the lowest average price have 4 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 3 bedrooms priced at $368,531.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $114 / sq.feet, with an average $235 / sq.feet price in Bethany. The properties with the highest average prices have 1 bedroom. They are 38 % more expensive than the average followed by properties with 2 bedrooms with a price at $182 / sq.feet.
With regard to the average price based upon the property in Bethany we can see that the cheapest property type is "House" at a price of $397,582, they are 26 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 26 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $123 / sq.feet. "House" with an average cost of $123 / sq.feet has the lowest price and would be directed at less affluent cities.