The prices in real estate in Milford, 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 Milford has increased during the last 6 months. In September, the average price per sq.feet was $195. In October this price pretty much remained the same at a value of $199 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $197 to $208 per sq.feet. The price per sq.feet has increased 110 % 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 $202.5 to $222.5 during January, and February.
Based upon to the price in Milford (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $371,383. In October This price remains at $374,831. In the following two months the average price has remained the same with regard to the previous two months from $373,107 to $364,357.5. 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 $368,732.25 and $379,949.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $374,992 they are 53 % more affordable than the average price for Milford. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at $364,657.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $214 / sq.feet, with an average $216 / sq.feet price in Milford. The properties with the highest average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $225 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $374,992 it is 28 % cheaper than the average price in Milford. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "Duplex". At a price of $435,510 it is 22 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $191 / sq.feet followed by "Duplex" priced at $192 / sq.feet. "Townhouse" is the most costly type of property with a $233 / sq.feet cost followed by "House" with an average price of $206 / sq.feet.