Property prices for sale in Litchfield (Connecticut)
The prices in real estate in Litchfield, in the Connecticut region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Litchfield has increased strongly during the last 6 months. In October, the average price per sq.feet was $291. In the following month the price per sq.feet increased to $306. In the following two months the price per sq.feet has increased 106 %, going from $298.5 to $317 per sq.feet. The price per sq.feet has had a considerable increase of 138 % 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 $307.75 to $425 during February, and March.
Based upon to the price in Litchfield (cities), this has gone up in the last 6 months. The price in October is $822,902, rising in November till $927,688. In the following two months the average price has remained the same with regard to the previous two months from $875,295 to $889,766.5. 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 $882,530.75 to $810,246.5 in 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 $736,120 they are 74 % more affordable than the average price for Litchfield. The properties with the highest average price have 4 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $425,570.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $159 / sq.feet, with an average $537 / sq.feet price in Litchfield. The properties with the lowest average prices have 4 bedrooms. They are 62 % cheaper than the average followed by properties with 1 bedroom with a price at $184 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $736,120 it is 38 % cheaper than the average price in Litchfield. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $482,598 it is 10 % 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 $140 / sq.feet followed by "Apartment" priced at $143 / sq.feet. "House" is the cheapest type of property with a $190 / sq.feet value followed by "Apartment" with an average price of $143 / sq.feet.
