The average price in the Connecticut region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in Connecticut has increased strongly in the last 6 months. During October, the average price per sq.feet was $276. The following month (November) the price had a considerable increase reaching $381 per sq.feet. The following two months (December, January) went through a considerable deflation of 82 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has increased 112 %. This has been obtained by comparing the price $298.25 for the first four months of the sample with regard to the previous 4 months and the price $335 per sq.feet for the last two months (February, March).
Based upon to the price in Connecticut (region), this has decreased in the last 6 months. October has an average price of $673,551. During November the price had a slight deflation till $636,962. The average price for the following two months (December, January) decreased 86 % compared to the prior two. During the last two months the price has risen 109 % compared to the previous average values going from $610,126.75 a $667,769 in February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 71 % more affordable than the average price in Connecticut followed by those with 2 with an average price of $349,980. The most costly properties have 4 bedrooms. They are 9 % more expensive than the average followed by those properties with 3 bedrooms priced at $509,590.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $258 / sq.feet being $398 / sq.feet the average value within the Connecticut region. The properties with the most expensive average price are those with 4 bedrooms. These are 42 % more costly than the average followed by those with 3 bedrooms with a price of $332 / sq.feet.
The graph displaying the average price according to the property type shows "Apartment" as the cheapest one. With an average cost of $733,211 it is 56 % more affordable than the average in Connecticut. This is followed by "Duplex" with a price of $364,913. The dearest property type is "House" and is 16 % more expensive than the average, followed by "Land" with a cost of $418,733.
Based on the average cost per sq.feet the cheapest property type is "Duplex with a an average cost of $173 / sq.feet, followed by "Apartment" with a price of $219 / sq.feet. "Land" with an average price of $10,812 / sq.feet is the most costly type of property followed by "House" at a price of $377 / sq.feet.