Property prices for sale in Norwich (Connecticut)

The price per sq.feet in Norwich has fallen in the last 6 months. In September, the average price per sq.feet was $140. In October this price pretty much remained the same at a value of $135 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $137.5 to $133.5 per sq.feet. The price per sq.feet has decreased 94 % 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 $135.5 to $127 during January, and February.

Based upon to the price in Norwich (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $226,654. In October This price remains at $223,399. In the following two months the average price has remained the same with regard to the previous two months from $225,026.5 to $235,635. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $230,330.75 and $232,670 between January and February.

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $236,065 they are 32 % more affordable than the average price for Norwich. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $244,650.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $141 / sq.feet, with an average $127 / sq.feet price in Norwich. The properties with the highest average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 3 bedrooms with a price at $157 / sq.feet.

The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $236,065 it is 47 % cheaper than the average price in Norwich. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $215,019 it is 2 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $35 / sq.feet followed by "House" priced at $118 / sq.feet. "Condo" is the most costly type of property with a $177 / sq.feet cost followed by "Townhouse" with an average price of $139 / sq.feet.