Property prices for sale in Stamford (Connecticut)
The prices in real estate in Stamford, 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 Stamford has increased strongly during the last 6 months. In October, the average price per sq.feet was $320. In the following month the price per sq.feet increased considerably to $587. The price for the following two months in (December, January) had a considerable decrease of 75 with regard to the prior two months. The price per sq.feet has had a considerable increase of 267 % 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 $397.75 to $1,060.5 during February, and March.
Based upon to the price in Stamford (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $970,305. In November This price remains at $973,623. During the following two months (December, January) the average price fell 89 % 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 91 %, going from $920,346.75 to $835,643 in 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 $897,373 they are 71 % more affordable than the average price for Stamford. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $774,704.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $431 / sq.feet, with an average $1,807 / sq.feet price in Stamford. The properties with the lowest average prices have 4 bedrooms. They are 28 % cheaper than the average followed by properties with 1 bedroom with a price at $541 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $897,373 it is 59 % cheaper than the average price in Stamford. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $1,119,206 it is 75 % 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 $332 / sq.feet followed by "Townhouse" priced at $354 / sq.feet. "Land" is the most costly type of property with a $667,048 / sq.feet cost followed by "House" with an average price of $2,738 / sq.feet.
