The prices in real estate in Prospect, in the Connecticut region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Prospect has increased during the last 6 months. In March, the average price per sq.feet was $194. In April this price pretty much remained the same at a value of $192 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $193 to $201 per sq.feet. The price per sq.feet has increased 111 % 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 $197 to $218 during July, and August.
Based upon to the price in Prospect (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is $390,420. In April This price remains at $405,627. During the following two months (May, June) the price has had an average incrementation from $398,023.5 to $424,520.5. 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 $411,272 and $412,131 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $422,689 they are 67 % more affordable than the average price for Prospect. The properties with the lowest average price have 3 bedrooms, Their price is 27 % cheaper than the average. After that we have properties with 4 bedrooms priced at $305,361.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $99 / sq.feet, with an average $211 / sq.feet price in Prospect. The properties with the lowest average prices have 2 bedrooms. They are 26 % cheaper than the average followed by properties with 3 bedrooms with a price at $152 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $422,689 it is 33 % cheaper than the average price in Prospect. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $294,907 it is 29 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $141 / sq.feet followed by "House" priced at $143 / sq.feet. "Condo" is the cheapest type of property with a $157 / sq.feet value followed by "House" with an average price of $143 / sq.feet.