The prices in real estate in Tolland, in the Connecticut region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Tolland has increased during the last 6 months. In December, the average price per sq.feet was $176. In January this price pretty much remained the same at a value of $176 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $176 to $182.5 per sq.feet. The price per sq.feet has increased 108 % 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 $179.25 to $193 during April, and May.
Based upon to the price in Tolland (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during December, is $343,570. During January the price went through a considerable rise reaching $411,654. In the following two months the average price has remained the same with regard to the previous two months from $377,612 to $382,955.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $411,468 they are 32 % more affordable than the average price for Tolland. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $347,499.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $168 / sq.feet, with an average $202 / sq.feet price in Tolland. The properties with the highest average prices have 1 bedroom. They are 117 % more expensive than the average followed by properties with 2 bedrooms with a price at $183 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $411,468 it is 66 % cheaper than the average price in Tolland. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $268,220 it is 16 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $115 / sq.feet followed by "Condo" priced at $169 / sq.feet. "House" is the cheapest type of property with a $173 / sq.feet value followed by "Condo" with an average price of $169 / sq.feet.