Property prices for sale in Guilford (Connecticut)
The prices in real estate in Guilford, in the Connecticut 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 Guilford has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,840. In the following month the price per sq.feet decreased considerably to $1,383. The price for the following two months in (December, January) had a considerable decrease of 43 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 60 % 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 $1,155 to $694.5 during February, and March.
Based upon to the price in Guilford (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $714,930. In November This price remains at $686,238. During the following two months (December, January) the price has had an average incrementation from $700,584 to $803,071. 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 $751,827.5 and $759,068 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 $804,177 they are 63 % more affordable than the average price for Guilford. The properties with the highest average price have 4 bedrooms, Their price is 62 % more costly than the average. After that we have properties with 2 bedrooms priced at $882,342.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $390 / sq.feet, with an average $858 / sq.feet price in Guilford. The properties with the highest average prices have 4 bedrooms. They are 24 % more expensive than the average followed by properties with 3 bedrooms with a price at $959 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $804,177 it is 79 % cheaper than the average price in Guilford. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $818,527 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $624 / sq.feet followed by "House" priced at $792 / sq.feet. "Land" is the most costly type of property with a $2,593 / sq.feet cost followed by "House" with an average price of $792 / sq.feet.
