The prices in real estate in Colville, in the Washington 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 Colville has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $468. In the following month the price per sq.feet decreased considerably to $138. The price for the following two months in (December, January) had a considerable decrease of 72 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 84 % 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 $261 to $220 during February, and March.
Based upon to the price in Colville (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $202,456. During November the price went through a considerable rise reaching $313,754. In the following two months the average price has remained the same with regard to the previous two months from $258,105 to $251,576. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $324,663 they are 34 % more affordable than the average price for Colville. The properties with the lowest average price have 4 bedrooms, Their price is 9 % cheaper than the average. After that we have properties with 3 bedrooms priced at $251,583.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $243 / sq.feet, with an average $130 / sq.feet price in Colville. The properties with the highest average prices have 4 bedrooms. They are 2026 % more expensive than the average followed by properties with 3 bedrooms with a price at $501 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $324,663 it is 73 % 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 $312,734 it is 10 % 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 $92 / sq.feet followed by "Farm" priced at $122 / sq.feet. "Commercial" is the most costly type of property with a $2,952 / sq.feet cost followed by "House" with an average price of $954 / sq.feet.