The prices in real estate in Derby, 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 Derby has increased strongly during the last 6 months. In June, the average price per sq.feet was $347. In the following month the price per sq.feet increased considerably to $403. The price for the following two months in (August, September) had a considerable increment of 171 %. The price per sq.feet has had a considerable deflation of 37 % 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 $508.25 to $186.5 during October, and November.
Based upon to the price in Derby (cities), this has gone up considerably in the last 6 months. The average price for June is $187,639. During July the price had a considerable reduction till $135,582. During the following two months (August, September) the average price had a considerable increase of 125 % 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 151 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $312,931 they are 32 % more affordable than the average price for Derby. The properties with the lowest average price have 1 bedroom, Their price is 32 % cheaper than the average. After that we have properties with 3 bedrooms priced at $211,588.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $77 / sq.feet, with an average $135 / sq.feet price in Derby. The properties with the lowest average prices have 1 bedroom. They are 39 % cheaper than the average followed by properties with 3 bedrooms with a price at $77 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $312,931 it is 32 % cheaper than the average price in Derby. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $211,588 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $77 / sq.feet followed by "Townhouse" priced at $111 / sq.feet. "Townhouse" is the cheapest type of property with a $111 / sq.feet value followed by "House" with an average price of $77 / sq.feet.