The prices in real estate in Essex Junction, 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 Essex Junction has increased strongly during the last 6 months. In March, the average price per sq.feet was $239. In the following month the price per sq.feet increased to $274. The price for the following two months in (May, June) had a considerable increment of 3054 %. The price per sq.feet has had a considerable increase of 417 % 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 $4,045 to $16,860.5 during July, and August.
Based upon to the price in Essex Junction (cities), this has gone up considerably in the last 6 months. In our first sample month during March, the average price is $448,207. In April This price remains at $426,389. During the following two months (May, June) the average price had a considerable increase of 3897 % 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 399 % 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 $34,213,333 they are 99 % more affordable than the average price for Essex Junction. The properties with the lowest average price have 1 bedroom, Their price is 99 % cheaper than the average. After that we have properties with 3 bedrooms priced at $210,305.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $1,038 / sq.feet, with an average $17,457 / sq.feet price in Essex Junction. The properties with the lowest average prices have 3 bedrooms. They are 91 % cheaper than the average followed by properties with 1 bedroom with a price at $1,038 / sq.feet.
With regard to the average price based upon the property in Essex Junction we can see that the cheapest property type is "House" at a price of $210,305, they are 99 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 99 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $1,610 / sq.feet. "House" with an average cost of $1,610 / sq.feet has the lowest price and would be directed at less affluent cities.