The prices in real estate in Fairplay, in the Colorado region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Fairplay has fallen in the last 6 months. In October, the average price per sq.feet was $4,550. In the following month the price per sq.feet decreased considerably to $2,777. The price for the following two months in (December, January) had a considerable decrease of 40 with regard to the prior two months. The price per sq.feet has had a considerable increase of 267 % 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 $2,558 to $6,833.5 during February, and March.
Based upon to the price in Fairplay (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $652,881. In November This price remains at $627,512. During the following two months (December, January) the price has had an average incrementation from $640,196.5 to $685,618. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $662,907.25 to $610,248.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $537,081 they are 21 % more affordable than the average price for Fairplay. The properties with the highest average price have 4 bedrooms, Their price is 219 % more costly than the average. After that we have properties with 2 bedrooms priced at $1,210,600.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $399 / sq.feet, with an average $12,739 / sq.feet price in Fairplay. The properties with the lowest average prices have 1 bedroom. They are 87 % cheaper than the average followed by properties with 4 bedrooms with a price at $596 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $537,081 it is 78 % cheaper than the average price in Fairplay. "Detached House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $801,416 it is 51 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $381 / sq.feet followed by "House" priced at $405 / sq.feet. "Land" is the most costly type of property with a $55,162 / sq.feet cost followed by "House" with an average price of $405 / sq.feet.