The prices in real estate in Wethersfield, 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 Wethersfield has increased during the last 6 months. In November, the average price per sq.feet was $201. In the following month the price per sq.feet increased to $213. In the following two months the price per sq.feet has barely changed, going from $207 to $202 per sq.feet. The price per sq.feet has had a considerable increase of 120 % 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 $204.5 to $244.5 during March, and April.
Based upon to the price in Wethersfield (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $382,650. In December This price remains at $367,891. During the following two months (January, February) the price has had an average incrementation from $375,270.5 to $401,188.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $421,888 they are 71 % more affordable than the average price for Wethersfield. The properties with the highest average price have 4 bedrooms, Their price is 51 % more costly than the average. After that we have properties with 3 bedrooms priced at $359,934.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $211 / sq.feet, with an average $234 / sq.feet price in Wethersfield. The properties with the highest average prices have 4 bedrooms. They are 4 % more expensive than the average followed by properties with 1 bedroom with a price at $236 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $421,888 it is 72 % cheaper than the average price in Wethersfield. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $421,133 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $141 / sq.feet followed by "Detached House" priced at $194 / sq.feet. "House" is the most costly type of property with a $250 / sq.feet cost followed by "Condo" with an average price of $248 / sq.feet.