The prices in real estate in Waterbury, 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 Waterbury has increased strongly during the last 6 months. In May, the average price per sq.feet was $70. In June this price pretty much remained the same at a value of $69 per sq.feet. The price for the following two months in (July, August) had a considerable increment of 127 %. The price per sq.feet has had a considerable increase of 118 % 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 $79 to $93 during September, and October.
Based upon to the price in Waterbury (cities), this has gone up in the last 6 months. In our first sample month during May, the average price is $149,052. In June This price remains at $146,946. During the following two months (July, August) the price has had an average incrementation from $147,999 to $155,905.5. 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 $170,089 they are 28 % more affordable than the average price for Waterbury. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 3 bedrooms priced at $182,824.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $94 / sq.feet, with an average $91 / sq.feet price in Waterbury. The properties with the highest average prices have 3 bedrooms. They are 15 % more expensive than the average followed by properties with 1 bedroom with a price at $101 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $170,089 it is 54 % cheaper than the average price in Waterbury. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Villa". At a price of $138,758 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $5 / sq.feet followed by "Commercial" priced at $36 / sq.feet. "House" is the most costly type of property with a $106 / sq.feet cost followed by "Condo" with an average price of $85 / sq.feet.