Property prices for sale in New Fairfield (Connecticut)
The prices in real estate in New Fairfield, 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 New Fairfield 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 $282. The price for the following two months in (December, January) had a considerable decrease of 59 with regard to the prior two months. The price per sq.feet has had a considerable increase of 129 % 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 $415.75 to $536 during February, and March.
Based upon to the price in New Fairfield (cities), this has gone up in the last 6 months. The average price for October is $604,123. During November the price had a slight fall till $561,803. During the following two months (December, January) the price has had an average incrementation from $582,963 to $669,954. 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 2 bedrooms are the cheapest ones. At a price of $633,709 they are 56 % more affordable than the average price for New Fairfield. The properties with the highest average price have 4 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 3 bedrooms priced at $934,554.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $237 / sq.feet, with an average $763 / sq.feet price in New Fairfield. The properties with the lowest average prices have 3 bedrooms. They are 46 % cheaper than the average followed by properties with 4 bedrooms with a price at $319 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $633,709 it is 20 % more expensive than the average price in New Fairfield. "House" is seen as the second dearest property type. The dearest property type is "Detached House" followed by "House". At a price of $780,953 it is 52 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $326 / sq.feet followed by "Detached House" priced at $342 / sq.feet. "Apartment" is the cheapest type of property with a $353 / sq.feet value followed by "Detached House" with an average price of $342 / sq.feet.
