The prices in real estate in Newport Center, 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 Newport Center has increased strongly during the last 6 months. In April, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $81. The price for the following two months in (June, July) had a considerable increment of 233 %. The price per sq.feet has had a considerable increase of 262 % 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 $67.5 to $177 during August, and September.
Based upon to the price in Newport Center (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is . During May the price went through a considerable rise reaching $278,225. During the following two months (June, July) the average price had a considerable increase of 200 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 198 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 13 % more costly than the average price of $433,139 in Newport Center. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 13 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 34 % cheaper than the average price of ($115 / sq.feet) in Newport Center. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 34 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $382,857 it is 41 % cheaper than the average price in Newport Center. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $224,948 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $115 / sq.feet followed by "House" priced at $127 / sq.feet. "Apartment" is the cheapest type of property with a $133 / sq.feet value followed by "House" with an average price of $127 / sq.feet.