Property prices for sale in Manchester (Connecticut)
The prices in real estate in Manchester, in the Connecticut region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Manchester has fallen in the last 6 months. In October, the average price per sq.feet was $501. In the following month the price per sq.feet decreased considerably to $180. The price for the following two months in (December, January) had a considerable increment of 190 %. The price per sq.feet has had a considerable deflation of 72 % 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 $494.25 to $357 during February, and March.
Based upon to the price in Manchester (cities), this has gone up considerably in the last 6 months. The price in October is $277,262, rising in November till $291,757. During the following two months (December, January) the average price had a considerable increase of 119 % with regard to the previous two months. 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 $311,693.25 and $312,423 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 $336,651 they are 71 % more affordable than the average price for Manchester. The properties with the highest average price have 4 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 3 bedrooms priced at $308,806.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $173 / sq.feet, with an average $544 / sq.feet price in Manchester. The properties with the lowest average prices have 3 bedrooms. They are 32 % cheaper than the average followed by properties with 2 bedrooms with a price at $206 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $336,651 it is 59 % cheaper than the average price in Manchester. "Commercial" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $332,445 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $52 / sq.feet followed by "Commercial" priced at $59 / sq.feet. "Land" is the most costly type of property with a $825 / sq.feet cost followed by "House" with an average price of $807 / sq.feet.
