The prices in real estate in Naugatuck, in the Connecticut 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 Naugatuck has increased strongly during the last 6 months. In March, the average price per sq.feet was $179. In April this price pretty much remained the same at a value of $181 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $180 to $179 per sq.feet. The price per sq.feet has had a considerable increase of 707 % 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 $179.5 to $1,268.5 during July, and August.
Based upon to the price in Naugatuck (cities), this has gone up in the last 6 months. The price in March is $309,800, rising in April till $329,299. In the following two months the average price has remained the same with regard to the previous two months from $319,549.5 to $307,529. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $335,942 they are 58 % more affordable than the average price for Naugatuck. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 3 bedrooms priced at $328,515.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $263 / sq.feet, with an average $1,185 / sq.feet price in Naugatuck. The properties with the lowest average prices have 4 bedrooms. They are 19 % cheaper than the average followed by properties with 1 bedroom with a price at $385 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $335,942 it is 77 % cheaper than the average price in Naugatuck. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $248,716 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $95 / sq.feet followed by "Condo" priced at $256 / sq.feet. "House" is the cheapest type of property with a $945 / sq.feet value followed by "Land" with an average price of $777 / sq.feet.