The prices in real estate in Breckenridge, 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 Breckenridge has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $1,436. In the following month the price per sq.feet decreased considerably to $635. The price for the following two months in (November, December) had a considerable decrease of 61 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 77 % 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 $835.5 to $646 during January, and February.
Based upon to the price in Breckenridge (cities), this has gone downing the last 6 months. The average price for September is $1,417,032. During October the price had a considerable reduction till $1,143,710. During the following two months (November, December) the price has had an average incrementation from $1,280,371 to $1,387,056.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $1,333,713.75 to $1,229,528 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,312,350 they are 69 % more affordable than the average price for Breckenridge. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,075,162.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $486 / sq.feet, with an average $648 / sq.feet price in Breckenridge. The properties with the highest average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 3 bedrooms with a price at $575 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,312,350 it is 52 % cheaper than the average price in Breckenridge. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $1,020,600 it is 76 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $669 / sq.feet followed by "Condo" priced at $707 / sq.feet. "Townhouse" is the most costly type of property with a $773 / sq.feet cost followed by "Condo" with an average price of $707 / sq.feet.