Property prices for sale in Cripple Creek (Colorado)
The prices in real estate in Cripple Creek, 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 Cripple Creek has increased strongly during the last 6 months. In November, the average price per sq.feet was $3,575. In the following month the price per sq.feet increased considerably to $5,020. The price for the following two months in (January, February) had a considerable decrease of 8 with regard to the prior two months. The price per sq.feet has had a considerable increase of 330 % 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 $2,319 to $7,654.5 during March, and April.
Based upon to the price in Cripple Creek (cities), these have remained the same in the last 6 months. The average price for November is $335,220. During December the price had a slight fall till $295,550. During the following two months (January, February) the average price had a considerable increase of 129 % 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 $361,221.75 to $250,039.5, which means a 69 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $337,195 they are 26 % more affordable than the average price for Cripple Creek. The properties with the highest average price have 4 bedrooms, Their price is 67 % more costly than the average. After that we have properties with 3 bedrooms priced at $487,112.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $258 / sq.feet, with an average $3,650 / sq.feet price in Cripple Creek. The properties with the lowest average prices have 1 bedroom. They are 89 % cheaper than the average followed by properties with 2 bedrooms with a price at $327 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $337,195 it is 84 % cheaper than the average price in Cripple Creek. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $342,613 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $58 / sq.feet followed by "Townhouse" priced at $248 / sq.feet. "Land" is the most costly type of property with a $16,047 / sq.feet cost followed by "House" with an average price of $276 / sq.feet.
