The prices in real estate in Middlebury, in the Connecticut region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Middlebury has increased during the last 6 months. In March, the average price per sq.feet was $157. In the following month the price per sq.feet increased to $166. In the following two months the price per sq.feet has increased 109 %, going from $161.5 to $176 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 $168.75 to $172 during July y August
Based upon to the price in Middlebury (cities), this has gone up considerably in the last 6 months. In our first sample month during March, the average price is $379,786. In April This price remains at $383,269. During the following two months (May, June) the average price had a considerable increase of 165 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $505,934 to $435,731 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $430,836 they are 42 % more affordable than the average price for Middlebury. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 3 bedrooms priced at $413,890.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $153 / sq.feet, with an average $173 / sq.feet price in Middlebury. The properties with the highest average prices have 1 bedroom. They are 32 % more expensive than the average followed by properties with 3 bedrooms with a price at $180 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $430,836 it is 6 % cheaper than the average price in Middlebury. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $418,715 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $154 / sq.feet followed by "House" priced at $166 / sq.feet. "Condo" is the most costly type of property with a $184 / sq.feet cost followed by "House" with an average price of $166 / sq.feet.