Property prices for sale in Wolcott (Connecticut)
The prices in real estate in Wolcott, 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 Wolcott has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,443. In the following month the price per sq.feet decreased to $1,319. The price for the following two months in (December, January) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 27 % 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 $809.5 to $218 during February, and March.
Based upon to the price in Wolcott (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $394,823. In November This price remains at $394,446. During the following two months (December, January) the price has had an average incrementation from $394,634.5 to $416,220.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $405,427.5 and $395,967.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $411,919 they are 28 % more affordable than the average price for Wolcott. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 2 bedrooms priced at $369,543.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $197 / sq.feet, with an average $222 / sq.feet price in Wolcott. The properties with the highest average prices have 3 bedrooms. They are 78 % more expensive than the average followed by properties with 2 bedrooms with a price at $257 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $411,919 it is 61 % cheaper than the average price in Wolcott. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $398,401 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $197 / sq.feet followed by "House" priced at $208 / sq.feet. "Land" is the most costly type of property with a $37,603 / sq.feet cost followed by "Detached House" with an average price of $215 / sq.feet.
