The prices in real estate in Englewood, 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 Englewood has increased strongly during the last 6 months. In January, the average price per sq.feet was $219. In the following month the price per sq.feet increased to $240. In the following two months the price per sq.feet has increased 112 %, going from $229.5 to $257 per sq.feet. The price per sq.feet has increased 114 % 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 $243.25 to $276.5 during May, and June.
Based upon to the price in Englewood (cities), this has gone up considerably in the last 6 months. The price in January is $449,906, rising in February till $512,222. During the following two months (March, April) the average price had a considerable increase of 129 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $727,653 they are 72 % more affordable than the average price for Englewood. The properties with the lowest average price have 4 bedrooms, Their price is 26 % cheaper than the average. After that we have properties with 3 bedrooms priced at $449,025.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $208 / sq.feet, with an average $288 / sq.feet price in Englewood. The properties with the lowest average prices have 2 bedrooms. They are 3 % cheaper than the average followed by properties with 1 bedroom with a price at $267 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $727,653 it is 42 % cheaper than the average price in Englewood. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $637,050 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $242 / sq.feet followed by "Condo" priced at $245 / sq.feet. "Apartment" is the cheapest type of property with a $277 / sq.feet value followed by "House" with an average price of $268 / sq.feet.