The prices in real estate in North Canton, in the Connecticut region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in North Canton has fallen in the last 6 months. In July, the average price per sq.feet was $126. In the following month the price per sq.feet decreased to $112. The price for the following two months in (September, October) decreased 94 % with regard to the prior two months. The price per sq.feet has increased 106 % 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 $115.5 to $123 during November, and December.
Based upon to the price in North Canton (cities), this has fallen considerably in the last 6 months. The average price for July is $457,067. During August the price had a slight fall till $411,722. During the following two months (September, October) the average price had a considerable reduction of 80 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $391,257.25 to $334,876.5 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $368,812 they are 62 % more affordable than the average price for North Canton. The properties with the lowest average price have 1 bedroom, Their price is 24 % cheaper than the average. After that we have properties with 4 bedrooms priced at $266,736.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $89 / sq.feet, with an average $119 / sq.feet price in North Canton. The properties with the lowest average prices have 1 bedroom. They are 1 % cheaper than the average followed by properties with 3 bedrooms with a price at $116 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $368,812 it is 70 % cheaper than the average price in North Canton. "Land" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $271,530 it is 22 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $93 / sq.feet followed by "Duplex" priced at $97 / sq.feet. "Condo" is the most costly type of property with a $742 / sq.feet cost followed by "House" with an average price of $112 / sq.feet.