The prices in real estate in East Haven, in the Connecticut region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in East Haven has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $321. In the following month the price per sq.feet decreased considerably to $167. The price for the following two months in (June, July) had a considerable increment of 154 %. The price per sq.feet has had a considerable deflation of 49 % 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 $310.25 to $150.5 during August, and September.
Based upon to the price in East Haven (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $183,577. During May the price went through a considerable rise reaching $240,279. During the following two months (June, July) the price has had an average incrementation from $211,928 to $224,075. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $237,591 they are 4 % more affordable than the average price for East Haven. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at $252,773.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $122 / sq.feet, with an average $149 / sq.feet price in East Haven. The properties with the highest average prices have 3 bedrooms. They are 15 % more expensive than the average followed by properties with 1 bedroom with a price at $162 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $237,591 it is 46 % cheaper than the average price in East Haven. "Triplex" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "Townhouse". At a price of $195,200 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Triplex" at an average cost of $134 / sq.feet followed by "Duplex" priced at $141 / sq.feet. "Condo" is the most costly type of property with a $1,211 / sq.feet cost followed by "Townhouse" with an average price of $1,043 / sq.feet.