Property prices for sale in Essex Junction (Vermont)
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 $877. In the following month the price per sq.feet decreased considerably to $252. The price for the following two months in (May, June) had a considerable increment of 129 %. The price per sq.feet has had a considerable increase of 297 % 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 $645.75 to $1,916 during July, and August.
Based upon to the price in Essex Junction (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $529,556. In April This price remains at $552,648. During the following two months (May, June) the average price fell 90 % with regard to the previous two months. 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 $514,454.5 and $497,200 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $482,270 they are 58 % more affordable than the average price for Essex Junction. The properties with the lowest average price have 1 bedroom, Their price is 46 % cheaper than the average. After that we have properties with 2 bedrooms priced at $261,277.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $998 / sq.feet, with an average $1,970 / sq.feet price in Essex Junction. The properties with the lowest average prices have 3 bedrooms. They are 21 % cheaper than the average followed by properties with 4 bedrooms with a price at $1,548 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $482,270 it is 58 % cheaper than the average price in Essex Junction. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $202,847 it is 58 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $1,538 / sq.feet followed by "House" priced at $1,548 / sq.feet. "House" is the cheapest type of property with a $1,548 / sq.feet value followed by "Condo" with an average price of $1,538 / sq.feet.
