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 March, the average price per sq.feet was $418. In the following month the price per sq.feet increased considerably to $839. The price for the following two months in (May, June) had a considerable decrease of 69 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 $532.5 to $410 during July, and August.
Based upon to the price in Buena Vista (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $492,690. During April the price went through a considerable rise reaching $691,290. During the following two months (May, June) the average price had a considerable increase of 145 % 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 $724,183.5 to $537,051, which means a 74 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $547,851 they are 36 % more affordable than the average price for Buena Vista. The properties with the highest average price have 4 bedrooms, Their price is 53 % more costly than the average. After that we have properties with 3 bedrooms priced at $574,550.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $269 / sq.feet, with an average $543 / sq.feet price in Buena Vista. The properties with the highest average prices have 4 bedrooms. They are 142 % more expensive than the average followed by properties with 3 bedrooms with a price at $959 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $547,851 it is 82 % cheaper than the average price in Buena Vista. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $236,767 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $300 / sq.feet followed by "Land" priced at $492 / sq.feet. "House" is the most costly type of property with a $577 / sq.feet cost followed by "Land" with an average price of $492 / sq.feet.