The prices in real estate in Cavendish, in the Vermont 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 Cavendish has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $233. In the following month the price per sq.feet increased considerably to $275. The price for the following two months in (July, August) had a considerable decrease of 73 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 77 % 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 $219.25 to $169.5 during September, and October.
Based upon to the price in Cavendish (cities), this has fallen considerably in the last 6 months. The average price for May is $1,486,000. During June the price had a considerable reduction till $903,552. During the following two months (July, August) the average price had a considerable reduction of 31 % 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 $780,923.5 to $447,931, which means a 57 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $416,056 they are 57 % more affordable than the average price for Cavendish. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 16 % more expensive than the average aforementioned.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $169 / sq.feet, with an average $165 / sq.feet price in Cavendish. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 14 % more costly than the average value aforementioned.