Property prices for sale in Cortez (Colorado)
The prices in real estate in Cortez, 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 Cortez has increased strongly during the last 6 months. In October, the average price per sq.feet was $260. In November this price pretty much remained the same at a value of $252 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 131 %. The price per sq.feet has had a considerable increase of 598 % 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 $296.25 to $1,772.5 during February, and March.
Based upon to the price in Cortez (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $415,333. In November This price remains at $410,990. During the following two months (December, January) the average price fell 94 % 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 $400,118 and $382,490.5 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 $364,929 they are 18 % more affordable than the average price for Cortez. The properties with the highest average price have 4 bedrooms, Their price is 48 % more costly than the average. After that we have properties with 1 bedroom priced at $494,667.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $230 / sq.feet, with an average $3,297 / sq.feet price in Cortez. The properties with the lowest average prices have 1 bedroom. They are 66 % cheaper than the average followed by properties with 3 bedrooms with a price at $251 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $364,929 it is 39 % cheaper than the average price in Cortez. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $398,248 it is 18 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $241 / sq.feet followed by "Condo" priced at $247 / sq.feet. "Land" is the most costly type of property with a $17,986 / sq.feet cost followed by "House" with an average price of $255 / sq.feet.
