Property prices for sale in Broad Brook (Connecticut)
The prices in real estate in Broad Brook, 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 Broad Brook has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $197. In the following month the price per sq.feet increased to $215. The price for the following two months in (February, March) decreased 88 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 57 % 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 $193.25 to $110.5 during April, and May.
Based upon to the price in Broad Brook (cities), this has fallen considerably in the last 6 months. The price in December is $369,933, rising in January till $418,233. During the following two months (February, March) the average price had a considerable reduction of 79 % 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 $352,016.5 to $194,950, which means a 55 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 45 % cheaper than the average price of $215,768 in Broad Brook. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 45 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 61 % cheaper than the average price of ($86 / sq.feet) in Broad Brook. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 61 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $389,900 it is 45 % cheaper than the average price in Broad Brook. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $215,552 it is 45 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $85 / sq.feet followed by "Apartment" priced at $86 / sq.feet. "Apartment" is the cheapest type of property with a $86 / sq.feet value followed by "Condo" with an average price of $85 / sq.feet.
