Property prices for sale in Cortez (Colorado)

The prices in real estate in Cortez, in the Colorado region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$446,155.5
Average price last 6 months
$256.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Cortez has increased during the last 6 months. In July, the average price per sq.feet was $241. In August this price pretty much remained the same at a value of $237 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $239 to $249 per sq.feet. The price per sq.feet has increased 115 % 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 $244 to $280.5 during November, and December.

Average price

Based upon to the price in Cortez (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is $454,136. In August This price remains at $459,002. In the following two months the average price has remained the same with regard to the previous two months from $456,569 to $442,656. 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 $449,612.5 and $439,241.5 between November and December.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $444,810 they are 36 % more affordable than the average price for Cortez. The properties with the highest average price have 4 bedrooms, Their price is 39 % more costly than the average. After that we have properties with 3 bedrooms priced at $417,600.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $178 / sq.feet, with an average $287 / sq.feet price in Cortez. The properties with the lowest average prices have 4 bedrooms. They are 8 % cheaper than the average followed by properties with 2 bedrooms with a price at $234 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $444,810 it is 29 % cheaper than the average price in Cortez. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $316,912 it is 3 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $74 / sq.feet followed by "House" priced at $257 / sq.feet. "House" is the cheapest type of property with a $257 / sq.feet value followed by "Duplex" with an average price of $74 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Cortez
Number of properties used in region Colorado
$444,810
$287
962
516,316
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value