The prices in real estate in Grafton, in the Vermont 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 Grafton has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $4,989. In the following month the price per sq.feet decreased considerably to $280. The price for the following two months in (May, June) had a considerable decrease of 11 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 26 % 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 $1,461.75 to $376.5 during July, and August.
Based upon to the price in Grafton (cities), this has gone up considerably in the last 6 months. The average price for March is $535,750. During April the price had a slight fall till $501,500. During the following two months (May, June) the average price had a considerable increase of 132 % 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 145 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $912,125 they are 6 % more affordable than the average price for Grafton. The properties with the lowest average price have 1 bedroom, Their price is 5 % cheaper than the average. After that we have properties with 2 bedrooms priced at $855,903.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $173 / sq.feet, with an average $431 / sq.feet price in Grafton. The properties with the lowest average prices have 1 bedroom. They are 58 % cheaper than the average followed by properties with 2 bedrooms with a price at $173 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $912,125 it is 51 % cheaper than the average price in Grafton. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $450,343 it is 6 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $109 / sq.feet followed by "House" priced at $173 / sq.feet. "House" is the cheapest type of property with a $173 / sq.feet value followed by "Apartment" with an average price of $109 / sq.feet.