The prices in real estate in Bailey, in the Colorado region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Bailey has fallen in the last 6 months. In April, the average price per sq.feet was $345. In May this price pretty much remained the same at a value of $330 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $337.5 to $325.5 per sq.feet. The price per sq.feet has decreased 92 % 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 $331.5 to $306 during August, and September.
Based upon to the price in Bailey (cities), these have remained the same in the last 6 months. The price in April is $659,871, rising in May till $703,856. During the following two months (June, July) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $659,436.75 and $639,651.5 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $631,761 they are 68 % more affordable than the average price for Bailey. The properties with the highest average price have 4 bedrooms, Their price is 46 % more costly than the average. After that we have properties with 3 bedrooms priced at $602,411.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $277 / sq.feet, with an average $308 / sq.feet price in Bailey. The properties with the highest average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 2 bedrooms with a price at $349 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $631,761 it is 70 % cheaper than the average price in Bailey. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $262,836 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $216 / sq.feet followed by "Condo" priced at $276 / sq.feet. "House" is the cheapest type of property with a $307 / sq.feet value followed by "Condo" with an average price of $276 / sq.feet.