The prices in real estate in Bridgewater, 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 Bridgewater has increased strongly during the last 6 months. In October, the average price per sq.feet was $327. In the following month the price per sq.feet increased considerably to $455. The price for the following two months in (December, January) had a considerable increment of 137 %. The price per sq.feet has decreased 94 % 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 $463 to $436 during February, and March.
Based upon to the price in Bridgewater (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $1,260,375. During November the price went through a considerable rise reaching $1,764,871. During the following two months (December, January) the average price had a considerable increase of 125 % 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 $1,699,471.5 to $1,130,058.5, which means a 66 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $824,643 they are 17 % more expensive than the average price for Bridgewater. Following this ranking we find those properties with 1 at an average price of $971,300. The properties with the highest average price have 1 bedroom, Their price is 18 % more costly than the average. After that we have properties with 2 bedrooms priced at $966,450.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $212 / sq.feet, with an average $373 / sq.feet price in Bridgewater. The properties with the lowest average prices have 1 bedroom. They are 42 % cheaper than the average followed by properties with 2 bedrooms with a price at $212 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $824,643 it is 49 % cheaper than the average price in Bridgewater. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $966,450 it is 47 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $41 / sq.feet followed by "Condo" priced at $194 / sq.feet. "House" is the cheapest type of property with a $212 / sq.feet value followed by "Condo" with an average price of $194 / sq.feet.