The prices in real estate in Voluntown, in the Connecticut region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Voluntown has fallen in the last 6 months. In May, the average price per sq.feet was $228. In June this price pretty much remained the same at a value of $221 per sq.feet. The price for the following two months in (July, August) had a considerable decrease of 51 with regard to the prior two months. The price per sq.feet has had a considerable increase of 175 % 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 $169.5 to $296.5 during September, and October.
Based upon to the price in Voluntown (cities), this has gone downing the last 6 months. The average price for May is $359,000. During June the price had a considerable reduction till $280,250. During the following two months (July, August) the average price had a considerable reduction of 69 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 169 % 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 $476,403 they are 78 % more affordable than the average price for Voluntown. The properties with the lowest average price have 4 bedrooms, Their price is 27 % cheaper than the average. After that we have properties with 3 bedrooms priced at $311,630.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $91 / sq.feet, with an average $298 / sq.feet price in Voluntown. The properties with the lowest average prices have 2 bedrooms. They are 23 % cheaper than the average followed by properties with 1 bedroom with a price at $209 / sq.feet.
With regard to the average price based upon the property in Voluntown we can see that the cheapest property type is "House" at a price of $345,629, they are 27 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 27 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $91 / sq.feet. "House" with an average cost of $91 / sq.feet has the lowest price and would be directed at less affluent cities.