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 February, the average price per sq.feet was $109. In the following month the price per sq.feet increased considerably to $433. The price for the following two months in (April, May) had a considerable increment of 288 %. The price per sq.feet has had a considerable deflation of 71 % 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 $526.25 to $375 during June, and July.
Based upon to the price in Derby (cities), this has gone downing the last 6 months. The average price for February is $202,931. During March the price had a slight fall till $184,150. In the following two months the average price has remained the same with regard to the previous two months from $193,540.5 to $187,538.5. During the last two months the average price has had a strong fall compared to the previous four going from $190,539.5 to $161,610.5, which means a 85 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $135,582 they are 57 % more expensive than the average price for Derby. Following this ranking we find those properties with 1 at an average price of $213,507. The properties with the highest average price have 1 bedroom, Their price is 57 % more costly than the average. After that we have properties with 3 bedrooms priced at $212,439.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $81 / sq.feet, with an average $403 / sq.feet price in Derby. The properties with the lowest average prices have 1 bedroom. They are 79 % cheaper than the average followed by properties with 3 bedrooms with a price at $81 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $135,582 it is 57 % more expensive than the average price in Derby. "Townhouse" is seen as the second dearest property type. The dearest property type is "Townhouse" followed by "House". At a price of $212,439 it is 123 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $81 / sq.feet followed by "Townhouse" priced at $115 / sq.feet. "Townhouse" is the cheapest type of property with a $115 / sq.feet value followed by "House" with an average price of $81 / sq.feet.