The prices in real estate in Chester, in the Vermont 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 Chester has increased strongly during the last 6 months. In February, the average price per sq.feet was $149. In the following month the price per sq.feet increased considerably to $344. The price for the following two months in (April, May) had a considerable increment of 258 %. The price per sq.feet has had a considerable deflation of 59 % 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 $441 to $258 during June, and July.
Based upon to the price in Chester (cities), this has fallen considerably in the last 6 months. The average price for February is $553,167. During March the price had a considerable reduction till $190,478. During the following two months (April, May) the average price had a considerable reduction of 49 % 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 $276,827 to $169,868, which means a 61 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $211,125 they are 37 % more affordable than the average price for Chester. The properties with the highest average price have 4 bedrooms, Their price is 108 % more costly than the average. After that we have properties with 3 bedrooms priced at $254,833.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $176 / sq.feet, with an average $210 / sq.feet price in Chester. The properties with the highest average prices have 4 bedrooms. They are 357 % more expensive than the average followed by properties with 3 bedrooms with a price at $663 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $211,125 it is 69 % cheaper than the average price in Chester. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $65,331 it is 41 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $116 / sq.feet followed by "House" priced at $973 / sq.feet. "House" is the most costly type of property with a $973 / sq.feet cost followed by "Land" with an average price of $116 / sq.feet.