The prices in real estate in Colville, in the Washington 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 Colville has increased strongly during the last 6 months. In January, the average price per sq.feet was $155. In the following month the price per sq.feet decreased considerably to $123. The price for the following two months in (March, April) had a considerable increment of 297 %. The price per sq.feet has had a considerable increase of 138 % 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 $276 to $382 during May, and June.
Based upon to the price in Colville (cities), this has fallen considerably in the last 6 months. The average price for January is $417,663. During February the price had a considerable reduction till $344,211. During the following two months (March, April) the average price had a considerable reduction of 49 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $283,975 to $165,465.5, which means a 58 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $157,523 they are 3 % more expensive than the average price for Colville. Following this ranking we find those properties with 2 at an average price of $190,827. The properties with the highest average price have 3 bedrooms, Their price is 94 % more costly than the average. After that we have properties with 4 bedrooms priced at $289,543.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $99 / sq.feet, with an average $310 / sq.feet price in Colville. The properties with the highest average prices have 4 bedrooms. They are 424 % more expensive than the average followed by properties with 3 bedrooms with a price at $378 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $157,523 it is 51 % cheaper than the average price in Colville. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Farm". At a price of $315,567 it is 128 % 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 $101 / sq.feet followed by "Farm" priced at $131 / sq.feet. "Commercial" is the most costly type of property with a $2,979 / sq.feet cost followed by "House" with an average price of $502 / sq.feet.