The prices in real estate in Buena Vista, 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 Buena Vista has increased strongly during the last 6 months. In January, the average price per sq.feet was $327. In February this price pretty much remained the same at a value of $334 per sq.feet. The price for the following two months in (March, April) had a considerable increment of 5587 %. The price per sq.feet has had a considerable deflation of 5 % 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 $9,397.75 to $465.5 during May, and June.
Based upon to the price in Buena Vista (cities), this has gone up considerably in the last 6 months. In our first sample month during January, the average price is $677,898. In February This price remains at $685,852. During the following two months (March, April) the price has had an average incrementation from $681,875 to $767,870. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $910,263 they are 61 % more affordable than the average price for Buena Vista. The properties with the highest average price have 4 bedrooms, Their price is 59 % more costly than the average. After that we have properties with 3 bedrooms priced at $849,496.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $407 / sq.feet, with an average $441 / sq.feet price in Buena Vista. The properties with the highest average prices have 1 bedroom. They are 31 % more expensive than the average followed by properties with 2 bedrooms with a price at $506 / sq.feet.
With regard to the average price based upon the property in Buena Vista we can see that the cheapest property type is "House" at a price of $880,011, they are 3 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 3 % 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 $421 / sq.feet. "House" with an average cost of $421 / sq.feet has the lowest price and would be directed at less affluent cities.