The prices in real estate in Grand Isle, in the Vermont region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Grand Isle has remained the same in the last 6 months. In February, the average price per sq.feet was $239. In March this price pretty much remained the same at a value of $240 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $239.5 to $264 per sq.feet. The price per sq.feet has decreased 88 % 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 $251.75 to $221 during June, and July.
Based upon to the price in Grand Isle (cities), this has gone up considerably in the last 6 months. The price in February is $734,792, rising in March till $807,854. During the following two months (April, May) the average price had a considerable increase of 135 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $907,248 to $737,700, which means a 81 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $516,200 they are 58 % more affordable than the average price for Grand Isle. The properties with the highest average price have 3 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 4 bedrooms priced at $513,057.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $189 / sq.feet, with an average $213 / sq.feet price in Grand Isle. The properties with the highest average prices have 4 bedrooms. They are 183 % more expensive than the average followed by properties with 1 bedroom with a price at $294 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $516,200 it is 11 % cheaper than the average price in Grand Isle. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $461,529 it is 1 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $156 / sq.feet followed by "House" priced at $603 / sq.feet. "House" is the most costly type of property with a $603 / sq.feet cost followed by "Farm" with an average price of $156 / sq.feet.