The prices in real estate in Trumbull, 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 Trumbull has increased during the last 6 months. In August, the average price per sq.feet was $238. In the following month the price per sq.feet increased considerably to $459. The price for the following two months in (October, November) had a considerable decrease of 56 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 75 % 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 $271.75 to $203 during December, and January.
Based upon to the price in Trumbull (cities), this has gone up in the last 6 months. In our first sample month during August, the average price is $440,189. In September This price remains at $457,636. In the following two months the average price has remained the same with regard to the previous two months from $448,912.5 to $468,598.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $470,316 they are 43 % more affordable than the average price for Trumbull. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $380,043.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $196 / sq.feet, with an average $206 / sq.feet price in Trumbull. The properties with the highest average prices have 3 bedrooms. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $215 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $470,316 it is 31 % cheaper than the average price in Trumbull. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Farm". At a price of $461,100 it is 106 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $145 / sq.feet followed by "House" priced at $197 / sq.feet. "Land" is the most costly type of property with a $2,348 / sq.feet cost followed by "House" with an average price of $197 / sq.feet.