The prices in real estate in Wilton, in the California 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 Wilton has increased strongly during the last 6 months. In March, the average price per sq.feet was $398. In April this price pretty much remained the same at a value of $409 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $403.5 to $406.5 per sq.feet. The price per sq.feet has had a considerable increase of 570 % 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 $405 to $2,310 during July, and August.
Based upon to the price in Wilton (cities), this has gone downing the last 6 months. In our first sample month during March, the average price is $1,410,534. In April This price remains at $1,380,514. In the following two months the average price has remained the same with regard to the previous two months from $1,395,524 to $1,415,119. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $1,405,321.5 to $1,209,750.5 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,157,423 they are 52 % more affordable than the average price for Wilton. The properties with the lowest average price have 4 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 3 bedrooms priced at $778,511.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $353 / sq.feet, with an average $4,207 / sq.feet price in Wilton. The properties with the lowest average prices have 1 bedroom. They are 85 % cheaper than the average followed by properties with 2 bedrooms with a price at $442 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,157,423 it is 47 % cheaper than the average price in Wilton. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $617,286 it is 16 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $82 / sq.feet followed by "House" priced at $373 / sq.feet. "House" is the cheapest type of property with a $373 / sq.feet value followed by "Apartment" with an average price of $82 / sq.feet.