Property prices for sale in Greenwich (Connecticut)
The prices in real estate in Greenwich, in the Connecticut 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 Greenwich has remained the same in the last 6 months. In October, the average price per sq.feet was $769. In the following month the price per sq.feet decreased to $730. In the following two months the price per sq.feet has barely changed, going from $749.5 to $774 per sq.feet. The price per sq.feet has decreased 95 % 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 $761.75 to $722.5 during February, and March.
Based upon to the price in Greenwich (cities), this has fallen considerably in the last 6 months. The average price for October is $4,108,519. During November the price had a slight fall till $3,618,019. During the following two months (December, January) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $3,602,053.5 to $3,323,668.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $3,243,775 they are 70 % more affordable than the average price for Greenwich. The properties with the lowest average price have 4 bedrooms, Their price is 17 % cheaper than the average. After that we have properties with 3 bedrooms priced at $1,925,182.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $712 / sq.feet, with an average $743 / sq.feet price in Greenwich. The properties with the highest average prices have 1 bedroom. They are 45 % more expensive than the average followed by properties with 4 bedrooms with a price at $834 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $3,243,775 it is 99 % cheaper than the average price in Greenwich. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $4,089,319 it is 35 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $5 / sq.feet followed by "Townhouse" priced at $663 / sq.feet. "Land" is the most costly type of property with a $1,243,573 / sq.feet cost followed by "House" with an average price of $787 / sq.feet.
