The prices in real estate in Rutland, in the Vermont 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 Rutland has increased strongly during the last 6 months. In May, the average price per sq.feet was $26. In June this price pretty much remained the same at a value of $26 per sq.feet. The price for the following two months in (July, August) had a considerable increment of 148 %. The price per sq.feet has had a considerable increase of 216 % 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 $32.25 to $69.5 during September, and October.
Based upon to the price in Rutland (cities), this has gone up in the last 6 months. The average price for May is $132,074. During June the price had a slight fall till $114,994. During the following two months (July, August) the average price had a considerable increase of 122 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % 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 $143,327 they are 4 % more affordable than the average price for Rutland. The properties with the highest average price have 1 bedroom, Their price is 89 % more costly than the average. After that we have properties with 3 bedrooms priced at $214,877.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $62 / sq.feet, with an average $65 / sq.feet price in Rutland. The properties with the highest average prices have 1 bedroom. They are 237 % more expensive than the average followed by properties with 3 bedrooms with a price at $118 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most costly one. At an cost of $143,327 it is 32 % more expensive than the average price in Rutland. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Land". At a price of $188,964 it is 60 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Land" at an average cost of $70 / sq.feet followed by "House" priced at $139 / sq.feet. "House" is the most costly type of property with a $139 / sq.feet cost followed by "Land" with an average price of $70 / sq.feet.