The prices in real estate in Portland, in the Connecticut region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Portland has remained the same in the last 6 months. In March, the average price per sq.feet was $191. In April this price pretty much remained the same at a value of $189 per sq.feet. The price for the following two months in (May, June) decreased 94 % with regard to the prior two months. The price per sq.feet has increased 105 % 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 $184 to $194 during July, and August.
Based upon to the price in Portland (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is $290,676. In April This price remains at $292,850. During the following two months (May, June) the price has had an average incrementation from $291,763 to $324,405. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $363,266 they are 42 % more affordable than the average price for Portland. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 3 bedrooms priced at $350,356.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $167 / sq.feet, with an average $195 / sq.feet price in Portland. The properties with the highest average prices have 1 bedroom. They are 208 % more expensive than the average followed by properties with 3 bedrooms with a price at $197 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $363,266 it is 65 % cheaper than the average price in Portland. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $170,262 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $60 / sq.feet followed by "Condo" priced at $137 / sq.feet. "House" is the cheapest type of property with a $188 / sq.feet value followed by "Condo" with an average price of $137 / sq.feet.