Property prices for sale in South Burlington (Vermont)
The prices in real estate in South Burlington, 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 South Burlington has increased strongly during the last 6 months. In October, the average price per sq.feet was $313. In November this price pretty much remained the same at a value of $326 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $319.5 to $330.5 per sq.feet. The price per sq.feet has had a considerable increase of 139 % 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 $325 to $451.5 during February, and March.
Based upon to the price in South Burlington (cities), this has gone up in the last 6 months. The price in October is $566,022, rising in November till $608,608. During the following two months (December, January) the price has had an average incrementation from $587,315 to $625,517. 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 $606,416 and $625,814 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 $589,510 they are 56 % more affordable than the average price for South Burlington. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 3 bedrooms priced at $635,408.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $254 / sq.feet, with an average $546 / sq.feet price in South Burlington. The properties with the lowest average prices have 2 bedrooms. They are 27 % cheaper than the average followed by properties with 1 bedroom with a price at $380 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $589,510 it is 44 % cheaper than the average price in South Burlington. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Land". At a price of $403,050 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $132 / sq.feet followed by "House" priced at $242 / sq.feet. "Condo" is the cheapest type of property with a $363 / sq.feet value followed by "Apartment" with an average price of $319 / sq.feet.
