The prices in real estate in Hot Sulphur Springs, in the Colorado region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Hot Sulphur Springs has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,013. In the following month the price per sq.feet increased to $1,156. The price for the following two months in (January, February) had a considerable decrease of 24 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 39 % 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 $672.5 to $259.5 during March, and April.
Based upon to the price in Hot Sulphur Springs (cities), this has fallen considerably in the last 6 months. The average price for November is $1,598,955. During December the price had a considerable reduction till $923,429. During the following two months (January, February) the average price had a considerable reduction of 53 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $962,485.25 to $432,248.5, which means a 45 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 27 % cheaper than the average price of $304,900 in Hot Sulphur Springs. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 27 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 11 % more costly than the average price of ($304 / sq.feet) in Hot Sulphur Springs. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 11 % more costly than the average value aforementioned.