The prices in real estate in Torrington, 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 Torrington has increased strongly during the last 6 months. In January, the average price per sq.feet was $61. In the following month the price per sq.feet increased to $66. The price for the following two months in (March, April) had a considerable increment of 508 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $193 to $191 during May y June
Based upon to the price in Torrington (cities), this has gone up considerably in the last 6 months. The price in January is $122,708, rising in February till $138,626. During the following two months (March, April) the price has had an average incrementation from $130,667 to $147,308.5. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % 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 $159,428 they are 64 % more affordable than the average price for Torrington. The properties with the highest average price have 4 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 3 bedrooms priced at $142,958.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $84 / sq.feet, with an average $221 / sq.feet price in Torrington. The properties with the highest average prices have 4 bedrooms. They are 145 % more expensive than the average followed by properties with 3 bedrooms with a price at $98 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $159,428 it is 42 % cheaper than the average price in Torrington. "House" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Land". At a price of $149,250 it is 100 % 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 $51 / sq.feet followed by "Land" priced at $78 / sq.feet. "House" is the most costly type of property with a $357 / sq.feet cost followed by "Bungalow" with an average price of $98 / sq.feet.