The prices in real estate in Grand Lake, in the Colorado region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Grand Lake has increased during the last 6 months. In November, the average price per sq.feet was $306. In December this price pretty much remained the same at a value of $296 per sq.feet. In the following two months the price per sq.feet has increased 115 %, going from $301 to $346 per sq.feet. The price per sq.feet has increased 111 % 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 $323.5 to $358.5 during March, and April.
Based upon to the price in Grand Lake (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $667,917. In December This price remains at $693,132. During the following two months (January, February) the average price had a considerable increase of 119 % 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 118 % 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 $890,585 they are 63 % more affordable than the average price for Grand Lake. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at $717,125.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $297 / sq.feet, with an average $356 / sq.feet price in Grand Lake. The properties with the highest average prices have 1 bedroom. They are 51 % more expensive than the average followed by properties with 3 bedrooms with a price at $333 / sq.feet.
With regard to the average price based upon the property in Grand Lake we can see that most expensive property type is "House" at a price of $1,205,124, they are 35 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 35 % more expensive 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 $352 / sq.feet. "House" with an average cost of $352 / sq.feet has the lowest price and would be directed at less affluent cities.