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 November, the average price per sq.feet was $356. In the following month the price per sq.feet increased considerably to $1,252. The price for the following two months in (January, February) had a considerable increment of 334 %. The price per sq.feet has had a considerable increase of 436 % 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 $1,744.25 to $7,599.5 during March, and April.
Based upon to the price in Saint Albans (cities), this has gone up considerably in the last 6 months. The price in November is $326,077, rising in December till $344,643. During the following two months (January, February) the average price had a considerable increase of 119 % 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 risen strongly 147 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $591,333 they are 76 % more affordable than the average price for Saint Albans. The properties with the lowest average price have 4 bedrooms, Their price is 44 % cheaper than the average. After that we have properties with 3 bedrooms priced at $233,701.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $61 / sq.feet, with an average $11,366 / sq.feet price in Saint Albans. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 3 bedrooms with a price at $88 / 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 $138,913, they are 77 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 77 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Land with an average price of $611 / sq.feet. "Land" with an average cost of $611 / sq.feet has the lowest price and would be directed at less affluent cities.