The prices in real estate in Breckenridge, 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 Breckenridge has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,946. In the following month the price per sq.feet increased considerably to $3,971. The price for the following two months in (January, February) had a considerable increment of 131 %. The price per sq.feet has had a considerable increase of 253 % 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 $3,411.5 to $8,632.5 during March, and April.
Based upon to the price in Breckenridge (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $1,935,663. In December This price remains at $1,932,622. In the following two months the average price has remained the same with regard to the previous two months from $1,934,142.5 to $2,012,688.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,973,415.5 and $2,068,801 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $2,025,797 they are 64 % more affordable than the average price for Breckenridge. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,689,108.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $834 / sq.feet, with an average $3,843 / sq.feet price in Breckenridge. The properties with the lowest average prices have 1 bedroom. They are 70 % cheaper than the average followed by properties with 2 bedrooms with a price at $1,111 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $2,025,797 it is 99 % cheaper than the average price in Breckenridge. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $1,250,067 it is 41 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $20 / sq.feet followed by "House" priced at $978 / sq.feet. "Land" is the most costly type of property with a $348,505 / sq.feet cost followed by "Condo" with an average price of $1,178 / sq.feet.