The prices in real estate in Milford, in the Connecticut region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Milford has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $214. In the following month the price per sq.feet decreased to $182. The price for the following two months in (September, October) decreased 87 % with regard to the prior two months. 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 $185 to $176.5 during November y December
Based upon to the price in Milford (cities), this has gone up in the last 6 months. The price in July is $304,009, rising in August till $329,589. In the following two months the average price has remained the same with regard to the previous two months from $316,799 to $319,762.5. 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 $318,280.75 and $333,867.5 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $312,589 they are 54 % more affordable than the average price for Milford. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $280,676.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $159 / sq.feet, with an average $176 / sq.feet price in Milford. The properties with the highest average prices have 2 bedrooms. They are 13 % more expensive than the average followed by properties with 1 bedroom with a price at $181 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most costly one. At an cost of $312,589 it is 13 % more expensive than the average price in Milford. "Condo" is seen as the second dearest property type. The dearest property type is "Farm" followed by "Duplex". At a price of $441,660 it is 48 % 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 $161 / sq.feet followed by "Condo" priced at $182 / sq.feet. "Duplex" is the most costly type of property with a $206 / sq.feet cost followed by "Farm" with an average price of $205 / sq.feet.