The prices in real estate in Riverside, in the Connecticut region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Riverside has increased strongly during the last 6 months. In July, the average price per sq.feet was $560. In the following month the price per sq.feet increased considerably to $700. In the following two months the price per sq.feet has barely changed, going from $630 to $652.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $641.25 to $637.5 during November y December
Based upon to the price in Riverside (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $1,760,783. During August the price went through a considerable rise reaching $2,187,295. In the following two months the average price has remained the same with regard to the previous two months from $1,974,039 to $1,909,474.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 125 % 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 $2,493,167 they are 22 % more affordable than the average price for Riverside. The properties with the lowest average price have 1 bedroom, Their price is 9 % cheaper than the average. After that we have properties with 2 bedrooms priced at $1,939,667.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $6,283 / sq.feet, with an average $630 / sq.feet price in Riverside. The properties with the highest average prices have 2 bedrooms. They are 966 % more expensive than the average followed by properties with 1 bedroom with a price at $6,283 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $2,493,167 it is 22 % cheaper than the average price in Riverside. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Townhouse". At a price of $3,345,035 it is 34 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $6,715 / sq.feet followed by "Townhouse" priced at $7,072 / sq.feet. "Condo" is the most costly type of property with a $7,088 / sq.feet cost followed by "Townhouse" with an average price of $7,072 / sq.feet.