The prices in real estate in Bellvue, 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 Bellvue has increased strongly during the last 6 months. In May, the average price per sq.feet was $239. In the following month the price per sq.feet increased considerably to $320. The price for the following two months in (July, August) had a considerable increment of 178 %. The price per sq.feet has had a considerable deflation of 70 % 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 $389 to $271.5 during September, and October.
Based upon to the price in Bellvue (cities), this has gone up in the last 6 months. The average price during our first sample month during May, is $548,250. During June the price went through a considerable rise reaching $1,131,956. During the following two months (July, August) the average price had a considerable reduction of 49 % 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 $624,013.25 to $509,123.5, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $492,981 they are 42 % more affordable than the average price for Bellvue. The properties with the highest average price have 4 bedrooms, Their price is 84 % more costly than the average. After that we have properties with 3 bedrooms priced at $568,915.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $242 / sq.feet, with an average $271 / sq.feet price in Bellvue. The properties with the highest average prices have 3 bedrooms. They are 32 % more expensive than the average followed by properties with 1 bedroom with a price at $284 / sq.feet.
With regard to the average price based upon the property in Bellvue we can see that most expensive property type is "House" at a price of $496,687, they are 1 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 1 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $270 / sq.feet. "House" with an average cost of $270 / sq.feet has the lowest price and would be directed at less affluent cities.