Property prices for sale in Crested Butte (Colorado)
The prices in real estate in Crested Butte, 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 Crested Butte has increased strongly during the last 6 months. In November, the average price per sq.feet was $921. In the following month the price per sq.feet increased to $1,026. The price for the following two months in (January, February) decreased 91 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 239 % 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 $930.5 to $2,220 during March, and April.
Based upon to the price in Crested Butte (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $1,992,100. In December This price remains at $1,940,125. During the following two months (January, February) the average price had a considerable reduction of 84 % 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 $1,805,929.75 to $1,323,494.5, which means a 73 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,357,519 they are 65 % more affordable than the average price for Crested Butte. The properties with the highest average price have 4 bedrooms, Their price is 81 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,313,171.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $767 / sq.feet, with an average $1,772 / sq.feet price in Crested Butte. The properties with the lowest average prices have 4 bedrooms. They are 43 % cheaper than the average followed by properties with 2 bedrooms with a price at $848 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,357,519 it is 58 % cheaper than the average price in Crested Butte. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $1,282,538 it is 109 % 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 $697 / sq.feet followed by "Townhouse" priced at $708 / sq.feet. "Land" is the most costly type of property with a $331,916 / sq.feet cost followed by "House" with an average price of $1,034 / sq.feet.
