The prices in real estate in Stafford, in the Connecticut 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 Stafford has increased strongly during the last 6 months. In June, the average price per sq.feet was $163. In the following month the price per sq.feet increased considerably to $363. The price for the following two months in (August, September) had a considerable increment of 337 %. The price per sq.feet has had a considerable increase of 308 % 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 $575.25 to $1,771 during October, and November.
Based upon to the price in Stafford (cities), this has gone downing the last 6 months. The average price for June is $273,231. During July the price had a slight fall till $252,897. In the following two months the average price has remained the same with regard to the previous two months from $263,064 to $259,543.5. 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 $261,303.75 and $253,032 between October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $246,142 they are 82 % more affordable than the average price for Stafford. The properties with the highest average price have 4 bedrooms, Their price is 51 % more costly than the average. After that we have properties with 3 bedrooms priced at $268,692.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $92 / sq.feet, with an average $174 / sq.feet price in Stafford. The properties with the highest average prices have 3 bedrooms. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $195 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $246,142 it is 78 % cheaper than the average price in Stafford. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $297,412 it is 32 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $109 / sq.feet followed by "House" priced at $174 / sq.feet. "Land" is the most costly type of property with a $36,712 / sq.feet cost followed by "Detached House" with an average price of $185 / sq.feet.