Property prices for sale in Naugatuck (Connecticut)
The prices in real estate in Naugatuck, 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 Naugatuck has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $767. In the following month the price per sq.feet decreased considerably to $479. The price for the following two months in (December, January) had a considerable decrease of 78 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 58 % 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 $555 to $324 during February, and March.
Based upon to the price in Naugatuck (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $317,405. In November This price remains at $312,693. In the following two months the average price has remained the same with regard to the previous two months from $315,049 to $312,927.5. 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 $313,988.25 and $314,195 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $333,564 they are 46 % more affordable than the average price for Naugatuck. 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 2 bedrooms priced at $325,600.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $159 / sq.feet, with an average $459 / sq.feet price in Naugatuck. The properties with the highest average prices have 4 bedrooms. They are 93 % more expensive than the average followed by properties with 2 bedrooms with a price at $629 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $333,564 it is 42 % cheaper than the average price in Naugatuck. "Land" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $330,075 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $88 / sq.feet followed by "Detached House" priced at $177 / sq.feet. "House" is the cheapest type of property with a $376 / sq.feet value followed by "Land" with an average price of $285 / sq.feet.
