Property prices for sale in Redding (Connecticut)

The prices in real estate in Redding, in the Connecticut region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$810,064.5
Average price last 6 months
$266
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Redding has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $591. In the following month the price per sq.feet decreased considerably to $212. The price for the following two months in (August, September) had a considerable decrease of 51 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 63 % 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 $304 to $190 during October, and November.

Average price

Based upon to the price in Redding (cities), this has fallen considerably in the last 6 months. The average price for June is $1,509,500. During July the price had a considerable reduction till $722,512. During the following two months (August, September) the average price had a considerable reduction of 60 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $890,261.5 to $649,670.5, which means a 73 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $682,069 they are 51 % more affordable than the average price for Redding. The properties with the highest average price have 1 bedroom, Their price is 101 % more costly than the average. After that we have properties with 4 bedrooms priced at $693,565.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $179 / sq.feet, with an average $191 / sq.feet price in Redding. The properties with the highest average prices have 1 bedroom. They are 1341 % more expensive than the average followed by properties with 2 bedrooms with a price at $303 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $682,069 it is 20 % cheaper than the average price in Redding. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $1,173,684 it is 114 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $157 / sq.feet followed by "Townhouse" priced at $222 / sq.feet. "House" is the most costly type of property with a $2,378 / sq.feet cost followed by "Townhouse" with an average price of $222 / sq.feet.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Redding
Number of properties used in region Connecticut
$682,069
$191
970
209,574
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value