The prices in real estate in Litchfield, 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 Litchfield has remained the same in the last 6 months. In September, the average price per sq.feet was $211. In October this price pretty much remained the same at a value of $220 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $215.5 to $215.5 per sq.feet. The price per sq.feet has increased 106 % 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 $215.5 to $227.5 during January, and February.
Based upon to the price in Litchfield (cities), this has gone up in the last 6 months. In our first sample month during September, the average price is $599,568. In October This price remains at $621,407. During the following two months (November, December) the price has had an average incrementation from $610,487.5 to $655,949. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $732,817 they are 73 % more affordable than the average price for Litchfield. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $437,236.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $186 / sq.feet, with an average $233 / sq.feet price in Litchfield. The properties with the lowest average prices have 4 bedrooms. They are 1 % cheaper than the average followed by properties with 1 bedroom with a price at $211 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $732,817 it is 45 % cheaper than the average price in Litchfield. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $495,824 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $111 / sq.feet followed by "Condo" priced at $170 / sq.feet. "House" is the cheapest type of property with a $217 / sq.feet value followed by "Condo" with an average price of $170 / sq.feet.