The prices in real estate in Littleton, 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 Littleton has increased strongly during the last 6 months. In February, the average price per sq.feet was $180. In the following month the price per sq.feet increased considerably to $214. The price for the following two months in (April, May) had a considerable increment of 115 %. The price per sq.feet has had a considerable increase of 116 % 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 $212.25 to $247 during June, and July.
Based upon to the price in Littleton (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $539,180. In March This price remains at $514,072. During the following two months (April, May) the average price had a considerable increase of 128 % 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 161 % 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 $900,315 they are 77 % more affordable than the average price for Littleton. The properties with the lowest average price have 4 bedrooms, Their price is 34 % cheaper than the average. After that we have properties with 3 bedrooms priced at $460,897.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $185 / sq.feet, with an average $245 / sq.feet price in Littleton. The properties with the highest average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 2 bedrooms with a price at $253 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $900,315 it is 68 % cheaper than the average price in Littleton. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Apartment". At a price of $516,668 it is 40 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $187 / sq.feet followed by "Condo" priced at $202 / sq.feet. "House" is the most costly type of property with a $279 / sq.feet cost followed by "Condo" with an average price of $202 / sq.feet.