Property prices for sale in Bristol (Connecticut)
The prices in real estate in Bristol, 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 Bristol has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,191. In the following month the price per sq.feet decreased considerably to $918. The price for the following two months in (December, January) had a considerable decrease of 70 with regard to the prior two months. The price per sq.feet has had a considerable increase of 123 % 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 $898.75 to $1,107 during February, and March.
Based upon to the price in Bristol (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $331,137. In November This price remains at $315,151. In the following two months the average price has remained the same with regard to the previous two months from $323,144 to $319,593. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $321,368.5 and $305,650.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $309,637 they are 47 % more affordable than the average price for Bristol. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 3 bedrooms priced at $319,436.
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 $1,980 / sq.feet price in Bristol. The properties with the lowest average prices have 4 bedrooms. They are 39 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,020 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $309,637 it is 55 % cheaper than the average price in Bristol. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $259,600 it is 4 % 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 $139 / sq.feet followed by "Condo" priced at $171 / sq.feet. "Land" is the most costly type of property with a $41,423 / sq.feet cost followed by "House" with an average price of $1,620 / sq.feet.
