The prices in real estate in South Hero, 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 Hero has increased strongly during the last 6 months. In October, the average price per sq.feet was $4,878. In the following month the price per sq.feet increased considerably to $50,317. The price for the following two months in (December, January) had a considerable decrease of 10 with regard to the prior two months. The price per sq.feet has had a considerable increase of 188 % 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 $15,128 to $28,405.5 during February, and March.
Based upon to the price in South Hero (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $563,375. During November the price went through a considerable rise reaching $699,433. During the following two months (December, January) the average price had a considerable increase of 151 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $791,151 to $728,889 in February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 82 % cheaper than the average price of $120,667 in South Hero. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 82 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 48 % cheaper than the average price of ($208 / sq.feet) in South Hero. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 48 % cheaper than the average value aforementioned.