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 October, the average price per sq.feet was $171. In November this price pretty much remained the same at a value of $172 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 45 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 $124.5 to $153.5 during February, and March.
Based upon to the price in Broad Brook (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $424,929. During November the price went through a considerable rise reaching $529,117. During the following two months (December, January) the average price had a considerable reduction of 57 % with regard to the previous two months. 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 $375,072.25 to $338,838.5 in 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 $258,164 they are 96 % more affordable than the average price for Broad Brook. The properties with the highest average price have 4 bedrooms, Their price is 74 % more costly than the average. After that we have properties with 3 bedrooms priced at $436,078.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $10 / sq.feet, with an average $125 / sq.feet price in Broad Brook. The properties with the highest average prices have 3 bedrooms. They are 79 % more expensive than the average followed by properties with 4 bedrooms with a price at $187 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $258,164 it is 96 % cheaper than the average price in Broad Brook. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $367,982 it is 53 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $5 / sq.feet followed by "Townhouse" priced at $63 / sq.feet. "House" is the most costly type of property with a $181 / sq.feet cost followed by "Townhouse" with an average price of $63 / sq.feet.
