The prices in real estate in Shelburne, 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 Shelburne has increased strongly during the last 6 months. In October, the average price per sq.feet was $369. In the following month the price per sq.feet increased to $408. The price for the following two months in (December, January) had a considerable increment of 125 %. The price per sq.feet has had a considerable increase of 569 % 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 $436.75 to $2,484 during February, and March.
Based upon to the price in Shelburne (cities), this has gone up in the last 6 months. The average price for October is $991,933. During November the price had a considerable reduction till $833,372. In the following two months the average price has remained the same with regard to the previous two months from $912,652.5 to $958,100.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 136 % 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 $1,890,840 they are 88 % more affordable than the average price for Shelburne. The properties with the lowest average price have 2 bedrooms, Their price is 73 % cheaper than the average. After that we have properties with 1 bedroom priced at $232,434.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $284 / sq.feet, with an average $3,675 / sq.feet price in Shelburne. The properties with the lowest average prices have 2 bedrooms. They are 86 % cheaper than the average followed by properties with 1 bedroom with a price at $284 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,890,840 it is 77 % cheaper than the average price in Shelburne. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $441,737 it is 73 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $528 / sq.feet followed by "Condo" priced at $573 / sq.feet. "Condo" is the cheapest type of property with a $573 / sq.feet value followed by "House" with an average price of $528 / sq.feet.