The prices in real estate in Carbondale, 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 Carbondale has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $1,301. In the following month the price per sq.feet increased considerably to $1,520. The price for the following two months in (September, October) had a considerable decrease of 49 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 39 % 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 $1,054 to $408.5 during November, and December.
Based upon to the price in Carbondale (cities), this has gone up in the last 6 months. The average price for July is $1,037,912. During August the price had a slight fall till $971,675. During the following two months (September, October) the average price had a considerable increase of 116 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,193,219 they are 42 % more affordable than the average price for Carbondale. The properties with the highest average price have 4 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $799,003.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $381 / sq.feet, with an average $416 / sq.feet price in Carbondale. The properties with the highest average prices have 1 bedroom. They are 61 % more expensive than the average followed by properties with 2 bedrooms with a price at $551 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,193,219 it is 43 % cheaper than the average price in Carbondale. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "Land". At a price of $3,180,006 it is 600 % 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 $393 / sq.feet followed by "Townhouse" priced at $420 / sq.feet. "Land" is the most costly type of property with a $1,917 / sq.feet cost followed by "Farm" with an average price of $1,287 / sq.feet.