Property prices for sale in Cheshire (Connecticut)
The prices in real estate in Cheshire, 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 Cheshire has increased strongly during the last 6 months. In October, the average price per sq.feet was $270. In November this price pretty much remained the same at a value of $273 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 356 %. The price per sq.feet has had a considerable increase of 238 % 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 $619 to $1,475 during February, and March.
Based upon to the price in Cheshire (cities), this has gone up considerably in the last 6 months. The price in October is $564,818, rising in November till $606,995. During the following two months (December, January) the average price had a considerable increase of 122 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $705,331 they are 83 % more affordable than the average price for Cheshire. The properties with the lowest average price have 4 bedrooms, Their price is 3 % cheaper than the average. After that we have properties with 3 bedrooms priced at $450,949.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $251 / sq.feet, with an average $1,848 / sq.feet price in Cheshire. The properties with the lowest average prices have 1 bedroom. They are 85 % cheaper than the average followed by properties with 4 bedrooms with a price at $265 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $705,331 it is 52 % cheaper than the average price in Cheshire. "Condo" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "House". At a price of $580,665 it is 17 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $222 / sq.feet followed by "Condo" priced at $231 / sq.feet. "Apartment" is the cheapest type of property with a $307 / sq.feet value followed by "House" with an average price of $255 / sq.feet.
