The prices in real estate in Elbert, 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 Elbert has increased strongly during the last 6 months. In October, the average price per sq.feet was $320. In the following month the price per sq.feet increased considerably to $1,677. The price for the following two months in (December, January) had a considerable decrease of 33 with regard to the prior two months. The price per sq.feet has had a considerable increase of 401 % 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 $662.25 to $2,657.5 during February, and March.
Based upon to the price in Elbert (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $921,691. In November This price remains at $887,098. During the following two months (December, January) the price has had an average incrementation from $904,394.5 to $1,025,105.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $964,750 to $898,788.5 in February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 30 % cheaper than the average price of $509,513 in Elbert. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 30 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 90 % cheaper than the average price of ($509 / sq.feet) in Elbert. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 90 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Elbert we can see that the cheapest property type is "House" at a price of $509,513, they are 30 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 30 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $509 / sq.feet. "House" with an average cost of $509 / sq.feet has the lowest price and would be directed at less affluent cities.