The prices in real estate in Colorado City, 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 Colorado City has increased strongly during the last 6 months. In June, the average price per sq.feet was $112. In the following month the price per sq.feet increased to $124. The price for the following two months in (August, September) had a considerable increment of 118 %. The price per sq.feet has had a considerable increase of 118 % 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 $128.5 to $151.5 during October, and November.
Based upon to the price in Colorado City (cities), this has gone up in the last 6 months. In our first sample month during June, the average price is $300,944. In July This price remains at $301,986. During the following two months (August, September) the price has had an average incrementation from $301,465 to $343,777. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $378,850 they are 42 % more affordable than the average price for Colorado City. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $297,065.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $145 / sq.feet, with an average $157 / sq.feet price in Colorado City. The properties with the highest average prices have 1 bedroom. They are 74 % more expensive than the average followed by properties with 2 bedrooms with a price at $182 / sq.feet.
With regard to the average price based upon the property in Colorado City we can see that most expensive property type is "House" at a price of $412,837, they are 9 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 9 % 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 $153 / sq.feet. "House" with an average cost of $153 / sq.feet has the lowest price and would be directed at less affluent cities.