Property prices for sale in Southington (Connecticut)
The prices in real estate in Southington, 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 Southington has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,213. In the following month the price per sq.feet decreased to $2,063. The price for the following two months in (December, January) had a considerable decrease of 55 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 61 % 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 $1,661.75 to $1,006 during February, and March.
Based upon to the price in Southington (cities), these have remained the same in the last 6 months. The price in October is $451,084, rising in November till $485,712. In the following two months the average price has remained the same with regard to the previous two months from $468,398 to $454,046. 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 $461,222 and $468,982.5 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 $503,049 they are 78 % more affordable than the average price for Southington. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 3 bedrooms priced at $376,096.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $242 / sq.feet, with an average $1,290 / sq.feet price in Southington. The properties with the lowest average prices have 4 bedrooms. They are 63 % cheaper than the average followed by properties with 2 bedrooms with a price at $262 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $503,049 it is 47 % cheaper than the average price in Southington. "Detached House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $520,943 it is 578 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $209 / sq.feet followed by "Apartment" priced at $297 / sq.feet. "Land" is the most costly type of property with a $4,066 / sq.feet cost followed by "House" with an average price of $1,646 / sq.feet.
