The prices in real estate in Pomfret, 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 Pomfret has fallen in the last 6 months. In December, the average price per sq.feet was $195. In the following month the price per sq.feet decreased considerably to $156. The price for the following two months in (February, March) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 116 % 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 $170 to $196.5 during April, and May.
Based upon to the price in Pomfret (cities), these have remained the same in the last 6 months. The average price during our first sample month during December, is $457,708. During January the price went through a considerable rise reaching $535,956. In the following two months the average price has remained the same with regard to the previous two months from $496,832 to $475,019. During the last two months the average price has had a strong fall compared to the previous four going from $485,925.5 to $374,235.5, which means a 77 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $350,238 they are 52 % more affordable than the average price for Pomfret. The properties with the highest average price have 2 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 1 bedroom priced at $168,744.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $107 / sq.feet, with an average $171 / sq.feet price in Pomfret. The properties with the lowest average prices have 1 bedroom. They are 27 % cheaper than the average followed by properties with 2 bedrooms with a price at $107 / sq.feet.
With regard to the average price based upon the property in Pomfret we can see that most expensive property type is "House" at a price of $379,883, they are 8 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 8 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $107 / sq.feet. "House" with an average cost of $107 / sq.feet has the lowest price and would be directed at less affluent cities.