The prices in real estate in Stonington, in the Connecticut region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Stonington has remained the same in the last 6 months. In January, the average price per sq.feet was $250. In February this price pretty much remained the same at a value of $240 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $245 to $248.5 per sq.feet. The price per sq.feet has had a considerable increase of 116 % 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 $246.75 to $285 during May, and June.
Based upon to the price in Stonington (cities), this has gone up considerably in the last 6 months. The price in January is $507,363, rising in February till $545,656. In the following two months the average price has remained the same with regard to the previous two months from $526,509.5 to $531,278. Based on an analysis of the first four prices and the last two months the average price has risen strongly 134 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $740,886 they are 67 % more affordable than the average price for Stonington. The properties with the lowest average price have 4 bedrooms, Their price is 23 % cheaper than the average. After that we have properties with 3 bedrooms priced at $420,760.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $182 / sq.feet, with an average $302 / sq.feet price in Stonington. The properties with the lowest average prices have 3 bedrooms. They are 28 % cheaper than the average followed by properties with 2 bedrooms with a price at $212 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $740,886 it is 53 % cheaper than the average price in Stonington. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $346,924 it is 15 % 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 $243 / sq.feet followed by "Condo" priced at $246 / sq.feet. "Condo" is the cheapest type of property with a $246 / sq.feet value followed by "House" with an average price of $243 / sq.feet.