The prices in real estate in Avon, in the Colorado region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Avon has increased strongly during the last 6 months. In February, the average price per sq.feet was $1,091. In the following month the price per sq.feet decreased considerably to $897. The price for the following two months in (April, May) had a considerable increment of 181 %. The price per sq.feet has increased 110 % 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 $1,394.25 to $1,539.5 during June, and July.
Based upon to the price in Avon (cities), these have remained the same in the last 6 months. In our first sample month during February, the average price is $1,862,265. In March This price remains at $1,787,933. In the following two months the average price has remained the same with regard to the previous two months from $1,825,099 to $1,890,808.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $1,857,953.75 to $1,731,383.5 in June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,414,256 they are 60 % more affordable than the average price for Avon. The properties with the highest average price have 4 bedrooms, Their price is 39 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,085,400.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $642 / sq.feet, with an average $1,684 / sq.feet price in Avon. The properties with the highest average prices have 4 bedrooms. They are 295 % more expensive than the average followed by properties with 1 bedroom with a price at $1,989 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $1,414,256 it is 57 % cheaper than the average price in Avon. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $1,567,833 it is 306 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $1,484 / sq.feet followed by "Land" priced at $2,929 / sq.feet. "House" is the most costly type of property with a $24,420 / sq.feet cost followed by "Duplex" with an average price of $17,750 / sq.feet.