Property prices for sale in Groton (Connecticut)
The prices in real estate in Groton, 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 Groton has remained the same in the last 6 months. In October, the average price per sq.feet was $418. In the following month the price per sq.feet decreased to $381. In the following two months the price per sq.feet has barely changed, going from $399.5 to $388 per sq.feet. The price per sq.feet has increased 109 % 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 $393.75 to $430.5 during February, and March.
Based upon to the price in Groton (cities), this has gone downing the last 6 months. The average price for October is $772,698. During November the price had a slight fall till $715,279. During the following two months (December, January) 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 $708,432.75 and $705,127 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $851,943 they are 94 % more affordable than the average price for Groton. The properties with the lowest average price have 4 bedrooms, Their price is 18 % cheaper than the average. After that we have properties with 2 bedrooms priced at $584,831.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $122 / sq.feet, with an average $593 / sq.feet price in Groton. The properties with the lowest average prices have 2 bedrooms. They are 31 % cheaper than the average followed by properties with 3 bedrooms with a price at $299 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $851,943 it is 88 % cheaper than the average price in Groton. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $673,893 it is 21 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $119 / sq.feet followed by "Duplex" priced at $218 / sq.feet. "Apartment" is the cheapest type of property with a $494 / sq.feet value followed by "Condo" with an average price of $333 / sq.feet.
