The prices in real estate in Colchester, in the Vermont region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Colchester has remained the same in the last 6 months. In October, the average price per sq.feet was $439. In the following month the price per sq.feet increased considerably to $616. The price for the following two months in (December, January) had a considerable decrease of 59 with regard to the prior two months. The price per sq.feet has increased 114 % 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 $420 to $479 during February, and March.
Based upon to the price in Colchester (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $581,224. In November This price remains at $558,873. During the following two months (December, January) the price has had an average incrementation from $570,048.5 to $598,555.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % 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 $661,269 they are 44 % more affordable than the average price for Colchester. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $499,509.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $310 / sq.feet, with an average $584 / sq.feet price in Colchester. The properties with the highest average prices have 1 bedroom. They are 322 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,990 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $661,269 it is 40 % cheaper than the average price in Colchester. "Apartment" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $677,237 it is 78 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $250 / sq.feet followed by "Detached House" priced at $286 / sq.feet. "Land" is the most costly type of property with a $6,251 / sq.feet cost followed by "Condo" with an average price of $847 / sq.feet.