Property prices for sale in Colfax (California)
The prices in real estate in Colfax, in the California 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 Colfax has increased strongly during the last 6 months. In October, the average price per sq.feet was $283. In November this price pretty much remained the same at a value of $297 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 504 %. The price per sq.feet has had a considerable increase of 303 % 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 $875.75 to $2,650.5 during February, and March.
Based upon to the price in Colfax (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is $553,136. During November the price went through a considerable rise reaching $653,050. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. 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 $580,556.75 and $556,680 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $519,563 they are 62 % more affordable than the average price for Colfax. The properties with the highest average price have 4 bedrooms, Their price is 45 % more costly than the average. After that we have properties with 3 bedrooms priced at $653,384.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $176 / sq.feet, with an average $4,984 / sq.feet price in Colfax. The properties with the lowest average prices have 1 bedroom. They are 93 % cheaper than the average followed by properties with 3 bedrooms with a price at $299 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $519,563 it is 53 % cheaper than the average price in Colfax. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $246,152 it is 26 % 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 $204 / sq.feet followed by "House" priced at $298 / sq.feet. "House" is the cheapest type of property with a $298 / sq.feet value followed by "Condo" with an average price of $204 / sq.feet.
