Property prices for sale in Ellington (Connecticut)
The prices in real estate in Ellington, in the Connecticut 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 Ellington has increased strongly during the last 6 months. In November, the average price per sq.feet was $207. In December this price pretty much remained the same at a value of $198 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $202.5 to $212 per sq.feet. The price per sq.feet has had a considerable increase of 247 % 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 $207.25 to $511 during March, and April.
Based upon to the price in Ellington (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $389,988. In December This price remains at $373,992. In the following two months the average price has remained the same with regard to the previous two months from $381,990 to $374,709.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $378,349.75 and $382,356 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $434,612 they are 61 % more affordable than the average price for Ellington. The properties with the highest average price have 4 bedrooms, Their price is 108 % more costly than the average. After that we have properties with 3 bedrooms priced at $327,419.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $176 / sq.feet, with an average $234 / sq.feet price in Ellington. The properties with the highest average prices have 2 bedrooms. They are 12 % more expensive than the average followed by properties with 4 bedrooms with a price at $205 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $434,612 it is 59 % cheaper than the average price in Ellington. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $381,114 it is 4 % 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 $191 / sq.feet followed by "Detached House" priced at $193 / sq.feet. "Land" is the most costly type of property with a $41,710 / sq.feet cost followed by "Detached House" with an average price of $193 / sq.feet.
