The prices in real estate in Black Hawk, 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 Black Hawk has increased strongly during the last 6 months. In February, the average price per sq.feet was $323. In the following month the price per sq.feet increased considerably to $425. In the following two months the price per sq.feet has barely changed, going from $374 to $385.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $379.75 to $362 during June y July
Based upon to the price in Black Hawk (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $561,492. During March the price went through a considerable rise reaching $1,321,265. During the following two months (April, May) the average price had a considerable increase of 123 % 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 $1,048,258.5 to $818,845, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $808,107 they are 53 % more affordable than the average price for Black Hawk. The properties with the highest average price have 4 bedrooms, Their price is 68 % more costly than the average. After that we have properties with 3 bedrooms priced at $667,467.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $331 / sq.feet, with an average $359 / sq.feet price in Black Hawk. The properties with the highest average prices have 1 bedroom. They are 62 % more expensive than the average followed by properties with 2 bedrooms with a price at $435 / sq.feet.
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 $803,732, they are 1 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 1 % 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 $348 / sq.feet. "House" with an average cost of $348 / sq.feet has the lowest price and would be directed at less affluent cities.