The prices in real estate in Bayfield, in the Colorado region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Bayfield has remained the same in the last 6 months. In March, the average price per sq.feet was $281. In April this price pretty much remained the same at a value of $269 per sq.feet. The price for the following two months in (May, June) decreased 94 % with regard to the prior two months. 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 $267 to $293.5 during July, and August.
Based upon to the price in Bayfield (cities), this has gone downing the last 6 months. The average price for March is $726,708. During April the price had a slight fall till $676,233. During the following two months (May, June) the average price fell 85 % 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 gone up 107 % 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 $740,422 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 $379,580.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $163 / sq.feet, with an average $294 / sq.feet price in Bayfield. The properties with the lowest average prices have 2 bedrooms. They are 24 % cheaper than the average followed by properties with 4 bedrooms with a price at $184 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $740,422 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 $341,796 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 $163 / sq.feet followed by "House" priced at $196 / sq.feet. "House" is the cheapest type of property with a $196 / sq.feet value followed by "Commercial" with an average price of $163 / sq.feet.