The prices in real estate in Divide, 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 Divide has increased strongly during the last 6 months. In April, the average price per sq.feet was $206. In the following month the price per sq.feet increased considerably to $281. In the following two months the price per sq.feet has barely changed, going from $243.5 to $245.5 per sq.feet. The price per sq.feet has decreased 92 % 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 $244.5 to $225 during August, and September.
Based upon to the price in Divide (cities), these have remained the same in the last 6 months. The average price during our first sample month during April, is $831,300. During May the price went through a considerable rise reaching $1,005,633. During the following two months (June, July) the price has had an average incrementation from $918,466.5 to $970,152.5. During the last two months the average price has had a strong fall compared to the previous four going from $944,309.5 to $629,380, which means a 67 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $683,820 they are 61 % more affordable than the average price for Divide. The properties with the lowest average price have 3 bedrooms, Their price is 10 % cheaper than the average. After that we have properties with 2 bedrooms priced at $417,692.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $137 / sq.feet, with an average $236 / sq.feet price in Divide. The properties with the highest average prices have 2 bedrooms. They are 6 % more expensive than the average followed by properties with 1 bedroom with a price at $236 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $683,820 it is 46 % cheaper than the average price in Divide. "Apartment" is seen as the second most affordable property type. The dearest property type is "Multi Family House" followed by "Apartment". At a price of $1,301,566 it is 188 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $137 / sq.feet followed by "Apartment" priced at $236 / sq.feet. "Multi Family House" is the most costly type of property with a $307 / sq.feet cost followed by "Apartment" with an average price of $236 / sq.feet.