Property prices for sale in Colby (Kansas)
The prices in real estate in Colby, in the Kansas 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 Colby has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $31,895. In the following month the price per sq.feet decreased considerably to $120. The price for the following two months in (December, January) had a considerable decrease of 1 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 2 % 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 $8,054.75 to $128 during February, and March.
Based upon to the price in Colby (cities), these have remained the same in the last 6 months. The average price for October is $307,429. During November the price had a considerable reduction till $229,800. In the following two months the average price has remained the same with regard to the previous two months from $268,614.5 to $275,944.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % during the last two months.
