The prices in real estate in Fairplay, 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 Fairplay has increased strongly during the last 6 months. In October, the average price per sq.feet was $217. In November this price pretty much remained the same at a value of $211 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $214 to $227 per sq.feet. The price per sq.feet has had a considerable increase of 178 % 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 $220.5 to $393.5 during February, and March.
Based upon to the price in Fairplay (cities), this has gone up considerably in the last 6 months. The price in October is $416,717, rising in November till $466,475. During the following two months (December, January) the price has had an average incrementation from $441,596 to $473,218. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % 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 $486,628 they are 42 % more affordable than the average price for Fairplay. The properties with the highest average price have 4 bedrooms, Their price is 57 % more costly than the average. After that we have properties with 3 bedrooms priced at $473,341.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $179 / sq.feet, with an average $519 / sq.feet price in Fairplay. The properties with the lowest average prices have 4 bedrooms. They are 47 % cheaper than the average followed by properties with 3 bedrooms with a price at $249 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $486,628 it is 79 % cheaper than the average price in Fairplay. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $519,229 it is 67 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $169 / sq.feet followed by "House" priced at $305 / sq.feet. "Land" is the most costly type of property with a $17,642 / sq.feet cost followed by "House" with an average price of $305 / sq.feet.