The prices in real estate in Fairfax, in the Vermont region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Fairfax has increased during the last 6 months. In February, the average price per sq.feet was $162. In March this price pretty much remained the same at a value of $166 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $164 to $174.5 per sq.feet. The price per sq.feet has had a considerable increase of 118 % 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 $169.25 to $199 during June, and July.
Based upon to the price in Fairfax (cities), this has gone up in the last 6 months. In our first sample month during February, the average price is $294,283. In March This price remains at $301,875. During the following two months (April, May) the price has had an average incrementation from $298,079 to $320,033.5. 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 $309,056.25 and $324,340.5 between June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $282,879 they are 36 % more affordable than the average price for Fairfax. The properties with the highest average price have 3 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 4 bedrooms priced at $289,239.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $137 / sq.feet, with an average $155 / sq.feet price in Fairfax. The properties with the highest average prices have 4 bedrooms. They are 121 % more expensive than the average followed by properties with 2 bedrooms with a price at $164 / sq.feet.
With regard to the average price based upon the property in Fairfax we can see that most expensive property type is "House" at a price of $289,239, they are 2 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 2 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $342 / sq.feet. "House" at an average price of $342 / sq.feet has the most expensive price and would be directed at more affluent cities.