The prices in real estate in Branford, in the Connecticut region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Branford has remained the same in the last 6 months. In November, the average price per sq.feet was $237. In the following month the price per sq.feet decreased to $213. In the following two months the price per sq.feet has barely changed, going from $225 to $225 per sq.feet. The price per sq.feet has had a considerable increase of 127 % 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 $225 to $285.5 during March, and April.
Based upon to the price in Branford (cities), this has fallen considerably in the last 6 months. The average price for November is $569,742. During December the price had a slight fall till $485,848. In the following two months the average price has remained the same with regard to the previous two months from $527,795 to $530,072.5. During the last two months the average price has had a strong fall compared to the previous four going from $528,933.75 to $435,048.5, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $434,857 they are 62 % more affordable than the average price for Branford. The properties with the highest average price have 4 bedrooms, Their price is 81 % more costly than the average. After that we have properties with 3 bedrooms priced at $346,741.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $168 / sq.feet, with an average $318 / sq.feet price in Branford. The properties with the highest average prices have 4 bedrooms. They are 95 % more expensive than the average followed by properties with 1 bedroom with a price at $205 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $434,857 it is 71 % cheaper than the average price in Branford. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $513,082 it is 41 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $57 / sq.feet followed by "Townhouse" priced at $157 / sq.feet. "Commercial" is the most costly type of property with a $15,264 / sq.feet cost followed by "Duplex" with an average price of $514 / sq.feet.