The prices in real estate in Sharon, in the Connecticut region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Sharon has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $301. In the following month the price per sq.feet decreased to $283. The price for the following two months in (March, April) had a considerable decrease of 46 with regard to the prior two months. The price per sq.feet has had a considerable increase of 130 % 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 $213 to $277 during May, and June.
Based upon to the price in Sharon (cities), this has fallen considerably in the last 6 months. The average price for January is $829,908. During February the price had a slight fall till $785,824. During the following two months (March, April) the average price had a considerable reduction of 42 % 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 131 % 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 $731,440 they are 65 % more affordable than the average price for Sharon. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at $478,300.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $230 / sq.feet, with an average $271 / sq.feet price in Sharon. The properties with the highest average prices have 2 bedrooms. They are 0 % more expensive than the average followed by properties with 1 bedroom with a price at $271 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $731,440 it is 13 % more expensive than the average price in Sharon. "Condo" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Condo". At a price of $964,029 it is 66 % 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 $243 / sq.feet followed by "House" priced at $297 / sq.feet. "Apartment" is the most costly type of property with a $335 / sq.feet cost followed by "House" with an average price of $297 / sq.feet.