The prices in real estate in Meriden, 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 Meriden has remained the same in the last 6 months. In October, the average price per sq.feet was $114. In November this price pretty much remained the same at a value of $113 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $113.5 to $114.5 per sq.feet. 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 $114 to $117 during February y March
Based upon to the price in Meriden (cities), this has gone downing the last 6 months. The average price for October is $198,508. During November the price had a slight fall till $176,683. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $206,211 they are 36 % more affordable than the average price for Meriden. The properties with the highest average price have 3 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 4 bedrooms priced at $212,867.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $111 / sq.feet, with an average $117 / sq.feet price in Meriden. The properties with the highest average prices have 1 bedroom. They are 68 % more expensive than the average followed by properties with 3 bedrooms with a price at $147 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $206,211 it is 60 % cheaper than the average price in Meriden. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial Property" followed by "House". At a price of $194,616 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $70 / sq.feet followed by "Condo" priced at $107 / sq.feet. "Townhouse" is the most costly type of property with a $507 / sq.feet cost followed by "House" with an average price of $119 / sq.feet.