The prices in real estate in Stafford Springs, 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 Stafford Springs has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $164. In November this price pretty much remained the same at a value of $172 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 43 with regard to the prior two months. The price per sq.feet has decreased 87 % 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 $120.5 to $104.5 during February, and March.
Based upon to the price in Stafford Springs (cities), this has fallen considerably in the last 6 months. The average price for October is $348,056. During November the price had a slight fall till $309,400. During the following two months (December, January) the average price had a considerable reduction of 43 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $234,442.25 to $179,969.5, which means a 77 % fall.