The prices in real estate in Black Hawk, in the Colorado region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Black Hawk has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $1,144. In the following month the price per sq.feet increased considerably to $1,334. The price for the following two months in (March, April) had a considerable decrease of 66 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 23 % 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 $1,026.25 to $236.5 during May, and June.
Based upon to the price in Black Hawk (cities), this has gone up considerably in the last 6 months. In our first sample month during January, the average price is $554,457. In February This price remains at $539,352. During the following two months (March, April) the average price had a considerable increase of 116 % 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 181 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 35 % cheaper than the average price of $739,050 in Black Hawk. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 35 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 14 % cheaper than the average price of ($229 / sq.feet) in Black Hawk. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 14 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Black Hawk we can see that the cheapest property type is "House" at a price of $739,050, they are 35 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 35 % more affordable 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 $229 / sq.feet. "House" with an average cost of $229 / sq.feet has the lowest price and would be directed at less affluent cities.