The prices in real estate in Grand Lake, 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 Grand Lake has fallen in the last 6 months. In June, the average price per sq.feet was $261. In the following month the price per sq.feet decreased to $244. The price for the following two months in (August, September) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $232.25 to $242 during October y November
Based upon to the price in Grand Lake (cities), these have remained the same in the last 6 months. The average price for June is $659,818. During July the price had a slight fall till $590,485. During the following two months (August, September) the price has had an average incrementation from $625,151.5 to $674,078. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $811,278 they are 50 % more affordable than the average price for Grand Lake. The properties with the lowest average price have 4 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 1 bedroom priced at $465,901.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $195 / sq.feet, with an average $280 / sq.feet price in Grand Lake. The properties with the highest average prices have 1 bedroom. They are 42 % more expensive than the average followed by properties with 2 bedrooms with a price at $223 / sq.feet.
With regard to the average price based upon the property in Grand Lake we can see that the cheapest property type is "Condo" at a price of $486,230, they are 40 % more affordable than the average price of (!PRECIO2!). "Condo" has the lowest price. This price is 40 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Condo with an average price of $231 / sq.feet. "Condo" with an average cost of $231 / sq.feet has the lowest price and would be directed at less affluent cities.