The prices in real estate in Springfield, in the Vermont region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Springfield has fallen in the last 6 months. In December, the average price per sq.feet was $160. In the following month the price per sq.feet decreased to $145. In the following two months the price per sq.feet has barely changed, going from $152.5 to $148 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $150.25 to $143 during April y May
Based upon to the price in Springfield (cities), this has gone downing the last 6 months. The average price for December is $343,231. During January the price had a slight fall till $311,186. In the following two months the average price has remained the same with regard to the previous two months from $327,208.5 to $338,901.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $333,055 to $297,980.5 in April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $318,363 they are 67 % more affordable than the average price for Springfield. The properties with the highest average price have 4 bedrooms, Their price is 72 % more costly than the average. After that we have properties with 3 bedrooms priced at $267,482.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $64 / sq.feet, with an average $146 / sq.feet price in Springfield. The properties with the lowest average prices have 4 bedrooms. They are 4 % cheaper than the average followed by properties with 3 bedrooms with a price at $83 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $318,363 it is 56 % cheaper than the average price in Springfield. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $138,961 it is 23 % 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 $85 / sq.feet followed by "Land" priced at $169 / sq.feet. "Land" is the most costly type of property with a $169 / sq.feet cost followed by "House" with an average price of $85 / sq.feet.