The prices in real estate in Winsted, in the Connecticut region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Winsted has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $182. In the following month the price per sq.feet increased considerably to $273. In the following two months the price per sq.feet has barely changed, going from $227.5 to $230 per sq.feet. The price per sq.feet has had a considerable deflation of 0 % 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 $228.75 to during February, and March.
Based upon to the price in Winsted (cities), this has gone downing the last 6 months. The average price during our first sample month during October, is $303,856. During November the price went through a considerable rise reaching $483,954. In the following two months the average price has remained the same with regard to the previous two months from $393,905 to $410,831. During the last two months the average price has had a strong fall compared to the previous four going from $402,368 to , which means a 0 % fall.