The prices in real estate in Del Norte, in the Colorado 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 Del Norte has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $1,652. In the following month the price per sq.feet decreased considerably to $884. In the following two months the price per sq.feet has barely changed, going from $1,268 to $1,227.5 per sq.feet. The price per sq.feet has had a considerable deflation of 22 % 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 $1,247.75 to $280.5 during July, and August.
Based upon to the price in Del Norte (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $284,051. During April the price went through a considerable rise reaching $411,593. In the following two months the average price has remained the same with regard to the previous two months from $347,822 to $346,593. Based on an analysis of the first four prices and the last two months the average price has risen strongly 146 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $505,076 they are 18 % more affordable than the average price for Del Norte. Based on the bedrooms values, properties with the highest prices are those with 2 bedrooms. They are 1 % more expensive than the average aforementioned.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $209 / sq.feet, with an average $280 / sq.feet price in Del Norte. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 41 % more costly than the average value aforementioned.