Property prices for sale in Shelton (Connecticut)
The prices in real estate in Shelton, 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 Shelton has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,318. In the following month the price per sq.feet decreased considerably to $1,062. The price for the following two months in (December, January) had a considerable decrease of 31 with regard to the prior two months. The price per sq.feet has decreased 90 % 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 $782 to $702 during February, and March.
Based upon to the price in Shelton (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $535,669. In November This price remains at $523,302. In the following two months the average price has remained the same with regard to the previous two months from $529,485.5 to $531,839. 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 $530,662.25 and $515,341.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $538,057 they are 69 % more affordable than the average price for Shelton. The properties with the highest average price have 4 bedrooms, Their price is 32 % more costly than the average. After that we have properties with 3 bedrooms priced at $488,851.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $224 / sq.feet, with an average $1,165 / sq.feet price in Shelton. The properties with the lowest average prices have 3 bedrooms. They are 80 % cheaper than the average followed by properties with 1 bedroom with a price at $230 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $538,057 it is 50 % cheaper than the average price in Shelton. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $508,045 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $201 / sq.feet followed by "House" priced at $236 / sq.feet. "Land" is the most costly type of property with a $115,376 / sq.feet cost followed by "Condo" with an average price of $309 / sq.feet.
