The prices in real estate in Greeley, 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 Greeley has increased strongly during the last 6 months. In December, the average price per sq.feet was $151. In the following month the price per sq.feet decreased to $131. In the following two months the price per sq.feet has increased 110 %, going from $141 to $155 per sq.feet. The price per sq.feet has had a considerable increase of 158 % 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 $148 to $234.5 during April, and May.
Based upon to the price in Greeley (cities), these have remained the same in the last 6 months. The average price for December is $315,659. During January the price had a slight fall till $291,002. In the following two months the average price has remained the same with regard to the previous two months from $303,330.5 to $315,930. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % 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 $349,987 they are 49 % more affordable than the average price for Greeley. The properties with the highest average price have 4 bedrooms, Their price is 1 % more costly than the average. After that we have properties with 3 bedrooms priced at $318,105.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $137 / sq.feet, with an average $323 / sq.feet price in Greeley. The properties with the lowest average prices have 1 bedroom. They are 34 % cheaper than the average followed by properties with 2 bedrooms with a price at $164 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $349,987 it is 33 % cheaper than the average price in Greeley. "Office" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Apartment". At a price of $401,025 it is 53 % 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 $141 / sq.feet followed by "Duplex" priced at $142 / sq.feet. "Condo" is the most costly type of property with a $3,518 / sq.feet cost followed by "Apartment" with an average price of $155 / sq.feet.