The prices in real estate in Danbury, in the Connecticut region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Danbury has increased during the last 6 months. In February, the average price per sq.feet was $184. In March this price pretty much remained the same at a value of $182 per sq.feet. The price for the following two months in (April, May) had a considerable increment of 118 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $199.25 to $195.5 during June y July
Based upon to the price in Danbury (cities), these have remained the same in the last 6 months. The price in February is $345,833, rising in March till $372,724. In the following two months the average price has remained the same with regard to the previous two months from $359,278.5 to $350,680.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $354,979.5 to $332,480.5 in June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $345,318 they are 37 % more affordable than the average price for Danbury. 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 $397,725.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $190 / sq.feet, with an average $181 / sq.feet price in Danbury. The properties with the highest average prices have 4 bedrooms. They are 140 % more expensive than the average followed by properties with 1 bedroom with a price at $207 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $345,318 it is 19 % cheaper than the average price in Danbury. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $371,475 it is 12 % 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 $176 / sq.feet followed by "Condo" priced at $231 / sq.feet. "House" is the most costly type of property with a $411 / sq.feet cost followed by "Condo" with an average price of $231 / sq.feet.