The prices in real estate in Prospect, 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 Prospect has remained the same in the last 6 months. In October, the average price per sq.feet was $166. In the following month the price per sq.feet increased to $179. In the following two months the price per sq.feet has barely changed, going from $172.5 to $172.5 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 $172.5 to $163 during February, and March.
Based upon to the price in Prospect (cities), these have remained the same in the last 6 months. The price in October is $296,108, rising in November till $321,600. In the following two months the average price has remained the same with regard to the previous two months from $308,854 to $304,195. 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 $306,524.5 and $311,551 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $340,873 they are 58 % more affordable than the average price for Prospect. The properties with the lowest average price have 3 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 4 bedrooms priced at $310,607.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $116 / sq.feet, with an average $167 / sq.feet price in Prospect. The properties with the highest average prices have 2 bedrooms. They are 4 % more expensive than the average followed by properties with 3 bedrooms with a price at $169 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $340,873 it is 16 % 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 $299,974 it is 11 % 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 $158 / sq.feet followed by "House" priced at $160 / sq.feet. "Condo" is the most costly type of property with a $174 / sq.feet cost followed by "House" with an average price of $160 / sq.feet.