Property prices for sale in Coventry (Rhode Island)
The prices in real estate in Coventry, in the Rhode Island region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Coventry has fallen in the last 6 months. In October, the average price per sq.feet was $1,919. In the following month the price per sq.feet increased to $2,190. The price for the following two months in (December, January) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has had a considerable increase of 116 % 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 $1,678.5 to $1,941 during February, and March.
Based upon to the price in Coventry (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $447,807. In November This price remains at $463,505. In the following two months the average price has remained the same with regard to the previous two months from $455,656 to $449,884.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $486,478 they are 47 % more affordable than the average price for Coventry. The properties with the highest average price have 4 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 3 bedrooms priced at $424,022.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $230 / sq.feet, with an average $2,869 / sq.feet price in Coventry. The properties with the lowest average prices have 4 bedrooms. They are 17 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,149 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $486,478 it is 75 % cheaper than the average price in Coventry. "Farm" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Condo". At a price of $599,360 it is 67 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $34 / sq.feet followed by "Farm" priced at $79 / sq.feet. "Land" is the most costly type of property with a $70,480 / sq.feet cost followed by "Condo" with an average price of $4,822 / sq.feet.
