The prices in real estate in Chester, 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 Chester has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $6,735. In the following month the price per sq.feet decreased considerably to $3,188. The price for the following two months in (May, June) had a considerable decrease of 51 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 36 % 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 $3,752.75 to $1,347 during July, and August.
Based upon to the price in Chester (cities), this has gone up in the last 6 months. The price in March is $417,685, rising in April till $442,550. During the following two months (May, June) the average price fell 89 % 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 risen strongly 122 % 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 $497,455 they are 57 % more affordable than the average price for Chester. The properties with the highest average price have 4 bedrooms, Their price is 62 % more costly than the average. After that we have properties with 3 bedrooms priced at $365,566.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $101 / sq.feet, with an average $984 / sq.feet price in Chester. The properties with the lowest average prices have 4 bedrooms. They are 75 % cheaper than the average followed by properties with 1 bedroom with a price at $240 / sq.feet.
With regard to the average price based upon the property in Chester we can see that the cheapest property type is "House" at a price of $411,031, they are 17 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 17 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $218 / sq.feet. "House" with an average cost of $218 / sq.feet has the lowest price and would be directed at less affluent cities.