The prices in real estate in Bayfield, in the Colorado region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Bayfield has increased during the last 6 months. In February, the average price per sq.feet was $232. In March this price pretty much remained the same at a value of $238 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $235 to $249 per sq.feet. The price per sq.feet has increased 106 % 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 $242 to $256 during June, and July.
Based upon to the price in Bayfield (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $444,244. In March This price remains at $450,083. During the following two months (April, May) the average price had a considerable increase of 159 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 140 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $749,352 they are 73 % more affordable than the average price for Bayfield. The properties with the lowest average price have 4 bedrooms, Their price is 24 % cheaper than the average. After that we have properties with 3 bedrooms priced at $384,556.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $176 / sq.feet, with an average $243 / sq.feet price in Bayfield. The properties with the lowest average prices have 2 bedrooms. They are 3 % cheaper than the average followed by properties with 4 bedrooms with a price at $197 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $749,352 it is 54 % cheaper than the average price in Bayfield. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $346,277 it is 42 % 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 $176 / sq.feet followed by "House" priced at $209 / sq.feet. "House" is the cheapest type of property with a $209 / sq.feet value followed by "Commercial" with an average price of $176 / sq.feet.