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 October, the average price per sq.feet was $136. In the following month the price per sq.feet increased considerably to $167. In the following two months the price per sq.feet has increased 106 %, going from $151.5 to $160.5 per sq.feet. The price per sq.feet has increased 109 % 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 $156 to $170.5 during February, and March.
Based upon to the price in Newport Center (cities), these have remained the same in the last 6 months. The average price for October is $517,417. During November the price had a considerable reduction till $433,100. In the following two months the average price has remained the same with regard to the previous two months from $475,258.5 to $494,408.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 34 % cheaper than the average price of $426,680 in Newport Center. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 34 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 38 % cheaper than the average price of ($100 / 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 38 % 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 $644,000 it is 66 % cheaper than the average price in Newport Center. "House" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $221,590 it is 34 % 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 $100 / sq.feet followed by "House" priced at $112 / sq.feet. "Apartment" is the cheapest type of property with a $118 / sq.feet value followed by "House" with an average price of $112 / sq.feet.