The prices in real estate in Saint Albans, 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 Saint Albans has increased strongly during the last 6 months. In March, the average price per sq.feet was $231. In April this price pretty much remained the same at a value of $221 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $226 to $228 per sq.feet. The price per sq.feet has had a considerable increase of 797 % 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 $227 to $1,808.5 during July, and August.
Based upon to the price in Saint Albans (cities), this has gone downing the last 6 months. The average price for March is $416,622. During April the price had a slight fall till $380,758. In the following two months the average price has remained the same with regard to the previous two months from $398,690 to $408,645. 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 $403,667.5 and $388,137.5 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 $388,506 they are 62 % more affordable than the average price for Saint Albans. The properties with the lowest average price have 4 bedrooms, Their price is 14 % cheaper than the average. After that we have properties with 3 bedrooms priced at $235,583.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $69 / sq.feet, with an average $508 / sq.feet price in Saint Albans. The properties with the lowest average prices have 1 bedroom. They are 80 % cheaper than the average followed by properties with 3 bedrooms with a price at $96 / sq.feet.
With regard to the average price based upon the property in Saint Albans we can see that the cheapest property type is "Land" at a price of $140,034, they are 64 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 64 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Land with an average price of $619 / sq.feet. "Land" at an average price of $619 / sq.feet has the most expensive price and would be directed at more affluent cities.