The prices in real estate in Ault, 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 Ault has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $292. In the following month the price per sq.feet decreased considerably to $233. The price for the following two months in (July, August) decreased 90 % with regard to the prior two months. The price per sq.feet has decreased 89 % 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 $249.25 to $221.5 during September, and October.
Based upon to the price in Ault (cities), this has fallen considerably in the last 6 months. The average price for May is $913,571. During June the price had a considerable reduction till $415,813. During the following two months (July, August) the average price had a considerable reduction of 63 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $542,262.75 to $354,111, which means a 65 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $340,168 they are 9 % more affordable than the average price for Ault. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 3 bedrooms priced at $352,049.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $111 / sq.feet, with an average $219 / sq.feet price in Ault. The properties with the lowest average prices have 2 bedrooms. They are 37 % cheaper than the average followed by properties with 3 bedrooms with a price at $124 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $340,168 it is 7 % cheaper than the average price in Ault. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "House". At a price of $315,090 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $109 / sq.feet followed by "House" priced at $111 / sq.feet. "House" is the cheapest type of property with a $111 / sq.feet value followed by "Commercial" with an average price of $109 / sq.feet.