The prices in real estate in Little Compton, in the Rhode Island 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 Little Compton has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $844. In the following month the price per sq.feet decreased considerably to $677. The price for the following two months in (July, August) decreased 88 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $713 to $693.5 during September y October
Based upon to the price in Little Compton (cities), this has gone up in the last 6 months. In our first sample month during May, the average price is $1,794,959. In June This price remains at $1,870,072. In the following two months the average price has remained the same with regard to the previous two months from $1,832,515.5 to $1,838,635. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $2,013,219 they are 66 % more affordable than the average price for Little Compton. The properties with the lowest average price have 1 bedroom, Their price is 63 % cheaper than the average. After that we have properties with 2 bedrooms priced at $686,232.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $259 / sq.feet, with an average $685 / sq.feet price in Little Compton. The properties with the lowest average prices have 1 bedroom. They are 53 % cheaper than the average followed by properties with 2 bedrooms with a price at $259 / sq.feet.
With regard to the average price based upon the property in Little Compton we can see that the cheapest property type is "House" at a price of $686,232, they are 66 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 66 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $259 / sq.feet. "House" with an average cost of $259 / sq.feet has the lowest price and would be directed at less affluent cities.