Property prices for sale in Salem (Connecticut)

The prices in real estate in Salem, in the Connecticut region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$328,740.5
Average price last 6 months
$165.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Salem has increased during the last 6 months. In November, the average price per sq.feet was $159. In December this price pretty much remained the same at a value of $166 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $162.5 to $170.5 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 $166.5 to $164.5 during March y April

Average price

Based upon to the price in Salem (cities), this has gone up in the last 6 months. The price in November is $300,371, rising in December till $328,790. During the following two months (January, February) the price has had an average incrementation from $314,580.5 to $347,453. 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 $331,016.75 and $324,188 between March and April.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $320,517 they are 80 % more affordable than the average price for Salem. The properties with the highest average price have 3 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 4 bedrooms priced at $342,914.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $93 / sq.feet, with an average $159 / sq.feet price in Salem. The properties with the highest average prices have 2 bedrooms. They are 136 % more expensive than the average followed by properties with 3 bedrooms with a price at $193 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $320,517 it is 18 % cheaper than the average price in Salem. "Condo" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $261,593 it is 58 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $104 / sq.feet followed by "House" priced at $144 / sq.feet. "House" is the cheapest type of property with a $144 / sq.feet value followed by "Condo" with an average price of $104 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Salem
Number of properties used in region Connecticut
$320,517
$159
400
261,944
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value