Property prices for sale in Little Compton (Rhode Island)
The prices in real estate in Little Compton, in the Rhode Island 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 Little Compton has increased strongly during the last 6 months. In November, the average price per sq.feet was $751. In the following month the price per sq.feet increased considerably to $1,114. The price for the following two months in (January, February) had a considerable increment of 1223 %. The price per sq.feet has had a considerable increase of 124 % 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 $6,167.75 to $7,651.5 during March, and April.
Based upon to the price in Little Compton (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $1,189,199. During December the price went through a considerable rise reaching $1,496,333. During the following two months (January, February) the price has had an average incrementation from $1,342,766 to $1,517,034. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % 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 $1,756,100 they are 93 % more affordable than the average price for Little Compton. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 3 bedrooms priced at $818,625.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $379 / sq.feet, with an average $549 / sq.feet price in Little Compton. The properties with the highest average prices have 4 bedrooms. They are 54 % more expensive than the average followed by properties with 2 bedrooms with a price at $500 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,756,100 it is 62 % cheaper than the average price in Little Compton. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $661,276 it is 41 % 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 $222 / sq.feet followed by "House" priced at $484 / sq.feet. "House" is the cheapest type of property with a $484 / sq.feet value followed by "Apartment" with an average price of $222 / sq.feet.
