The prices in real estate in Vergennes, in the Vermont 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 Vergennes has increased strongly during the last 6 months. In November, the average price per sq.feet was $183. In December this price pretty much remained the same at a value of $190 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 131 %. The price per sq.feet has increased 109 % 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 $215 to $233.5 during March, and April.
Based upon to the price in Vergennes (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $356,111. In December This price remains at $371,857. During the following two months (January, February) the price has had an average incrementation from $363,984 to $418,220. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.