The prices in real estate in Middlebury, 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 Middlebury has remained the same in the last 6 months. In May, the average price per sq.feet was $173. In June this price pretty much remained the same at a value of $171 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $172 to $178.5 per sq.feet. The price per sq.feet has decreased 93 % 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 $175.25 to $163.5 during September, and October.
Based upon to the price in Middlebury (cities), these have remained the same in the last 6 months. In our first sample month during May, the average price is $455,184. In June This price remains at $458,449. In the following two months the average price has remained the same with regard to the previous two months from $456,816.5 to $475,661. 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 $466,238.75 to $400,470 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $372,788 they are 4 % more affordable than the average price for Middlebury. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $372,376.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $141 / sq.feet, with an average $159 / sq.feet price in Middlebury. The properties with the highest average prices have 2 bedrooms. They are 21 % more expensive than the average followed by properties with 1 bedroom with a price at $185 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $372,788 it is 1 % cheaper than the average price in Middlebury. "Apartment" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $367,322 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Apartment" at an average cost of $164 / sq.feet followed by "House" priced at $183 / sq.feet. "House" is the most costly type of property with a $183 / sq.feet cost followed by "Apartment" with an average price of $164 / sq.feet.