The prices in real estate in Sharon, 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 Sharon has increased strongly during the last 6 months. In April, the average price per sq.feet was $202. In the following month the price per sq.feet increased considerably to $245. The price for the following two months in (June, July) had a considerable increment of 239 %. The price per sq.feet has had a considerable increase of 135 % 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 $378.75 to $510.5 during August, and September.
Based upon to the price in Sharon (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $529,844. During May the price went through a considerable rise reaching $701,528. During the following two months (June, July) the average price had a considerable increase of 539 % 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 141 % 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 $1,251,397 they are 80 % more affordable than the average price for Sharon. The properties with the lowest average price have 4 bedrooms, Their price is 19 % cheaper than the average. After that we have properties with 3 bedrooms priced at $471,168.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $215 / sq.feet, with an average $380 / sq.feet price in Sharon. The properties with the lowest average prices have 2 bedrooms. They are 32 % cheaper than the average followed by properties with 1 bedroom with a price at $256 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,251,397 it is 35 % cheaper than the average price in Sharon. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $949,659 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $228 / sq.feet followed by "House" priced at $282 / sq.feet. "Apartment" is the cheapest type of property with a $320 / sq.feet value followed by "House" with an average price of $282 / sq.feet.