The prices in real estate in Milton, in the Vermont region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Milton has increased strongly during the last 6 months. In November, the average price per sq.feet was $293. In December this price pretty much remained the same at a value of $293 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 231 %. The price per sq.feet has had a considerable increase of 269 % 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 $484.5 to $1,302.5 during March, and April.
Based upon to the price in Milton (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $475,672. In December This price remains at $492,172. In the following two months the average price has remained the same with regard to the previous two months from $483,922 to $503,773.5. 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 $493,847.75 and $478,330.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $488,948 they are 51 % more affordable than the average price for Milton. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 3 bedrooms priced at $316,308.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $112 / sq.feet, with an average $251 / sq.feet price in Milton. The properties with the lowest average prices have 4 bedrooms. They are 42 % cheaper than the average followed by properties with 1 bedroom with a price at $125 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $488,948 it is 46 % cheaper than the average price in Milton. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $275,899 it is 36 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $103 / sq.feet followed by "House" priced at $124 / sq.feet. "Land" is the cheapest type of property with a $234 / sq.feet value followed by "House" with an average price of $124 / sq.feet.