The average price in the Connecticut region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per sq.feet in Connecticut has increased in the last 6 months. During September, the average price per sq.feet was $151. The following month (October) the price increased to $166 per sq.feet. The following two months (November, December) went through an increase of 111 % in the price per sq.feet rising from $158.5 to $176 per sq.feet. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.feet of $167.25 to $171 during January and February.
Based upon to the price in Connecticut(region), this has increased considerably in the last 6 months. In the first month sample September the average price is $321,911. In October the price was the same at $329,715. The price in the following months (November, December) had a strong increment of 130 % going from $325,813 to $423,042.5. During the last two months the average price has remained stagnant and has gone from $374,427.75 to $390,562 during January and February.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 60 % more affordable than the average price in Connecticut followed by those with 2 with an average price of $187,304. The most costly properties have 4 bedrooms. They are 8 % more expensive than the average followed by those properties with 3 bedrooms priced at $289,097.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $139 / sq.feet being $173 / sq.feet the average value within the Connecticut region. The properties with the most expensive average price are those with 1 bedroom. These are 4 % more costly than the average followed by those with 3 bedrooms with a price of $166 / sq.feet.
The graph displaying the average price according to the property type shows "Apartment" as the cheapest one. With an average cost of $415,743 it is 43 % more affordable than the average in Connecticut. This is followed by "Office" with a price of $403,591. The dearest property type is "Commercial" and is 22 % more expensive than the average, followed by "House" with a cost of $475,520.
Based on the average cost per sq.feet the most costly property type is "Office with a an average price of $181 / sq.feet, followed by "House" with a price of $192 / sq.feet. "Commercial" with an average price of $1,460 / sq.feet is the most costly type of property followed by "Condo" at a price of $297 / sq.feet.