The prices in real estate in Cedaredge, 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 Cedaredge has increased strongly during the last 6 months. In October, the average price per sq.feet was $266. In the following month the price per sq.feet increased to $285. The price for the following two months in (December, January) had a considerable increment of 134 %. The price per sq.feet has had a considerable increase of 330 % 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 $323 to $1,065.5 during February, and March.
Based upon to the price in Cedaredge (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $504,075. In November This price remains at $520,447. In the following two months the average price has remained the same with regard to the previous two months from $512,261 to $534,556.5. 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 $523,408.75 and $505,326.5 between February and March.
The graph showing the average price for bedrooms displays the property with the most expensive price has 3 bedrooms. It is 1 % more costly than the average price of $502,634 in Cedaredge. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 1 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 87 % cheaper than the average price of ($249 / sq.feet) in Cedaredge. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 87 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Cedaredge we can see that most expensive property type is "House" at a price of $510,534, they are 2 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 2 % more expensive 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 $284 / sq.feet. "House" with an average cost of $284 / sq.feet has the lowest price and would be directed at less affluent cities.