The prices in real estate in Allenspark, in the Colorado 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 Allenspark has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $532. In the following month the price per sq.feet decreased to $458. In the following two months the price per sq.feet has barely changed, going from $495 to $480 per sq.feet. The price per sq.feet has had a considerable deflation of 76 % 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 $487.5 to $368.5 during March, and April.
Based upon to the price in Allenspark (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $582,500. During December the price went through a considerable rise reaching $881,704. During the following two months (January, February) the average price had a considerable increase of 149 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 85 %, going from $910,988.5 to $777,673 in March and April.