The average price in the Vermont 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 Vermont has increased strongly in the last 6 months. During March, the average price per sq.feet was $184. In April the price pretty much stayed the same at $193 per sq.feet. The following two months (May, June) went through an increase of 108 % in the price per sq.feet rising from $188.5 to $203.5 per sq.feet. In the last two months, the price per sq.feet has had a significant increase of 841 %. This has been obtained by comparing the price of $196 for the first four months of the sample with regard to the previous 4 months and the price of $1,648 per sq.feet for the last two months (July, August).
Based upon to the price in Vermont(region), this has increased considerably in the last 6 months. March has an average price of $437,618. During April the price had a slight deflation till $385,443. In the following two months the average price didn't change much compared to the previous two going from $411,530.5 to $405,427. During the last two months the price has had a considerable increase of 321 % with respect to the previous four months going from $408,478.75 a $1,309,175.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 55 % more affordable than the average price in Vermont followed by those with 2 with an average price of $295,357. The cheapest properties have 4 bedrooms. They are 9 % cheaper than the average followed by those properties with 3 bedrooms priced at $385,223.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $177 / sq.feet being $291 / sq.feet the average value within the Vermont region. The properties with the cheapest average price are those with 1 bedroom. These are 6 % lower than the average followed by those with 2 bedrooms with a price of $241 / sq.feet.
The graph displaying the average price according to the property type shows "Apartment" as the cheapest one. With an average cost of $488,402 it is 62 % more affordable than the average in Vermont. This is followed by "Townhouse" with a price of $294,533. The dearest property type is "Condo" and is 3454 % more expensive than the average, followed by "Commercial" with a cost of $664,003.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $135 / sq.feet, followed by "Apartment" with a price of $185 / sq.feet. "Commercial" with an average price of $167,397 / sq.feet is the most costly type of property followed by "Land" at a price of $12,309 / sq.feet.