The prices in real estate in Longmont, 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 Longmont has increased during the last 6 months. In September, the average price per sq.feet was $298. In October this price pretty much remained the same at a value of $312 per sq.feet. In the following two months the price per sq.feet has increased 114 %, going from $305 to $348 per sq.feet. The price per sq.feet has decreased 94 % 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 $326.5 to $307 during January, and February.
Based upon to the price in Longmont (cities), these have remained the same in the last 6 months. The price in September is $721,313, rising in October till $770,157. In the following two months the average price has remained the same with regard to the previous two months from $745,735 to $768,290.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $757,012.75 to $695,268.5 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $681,908 they are 52 % more affordable than the average price for Longmont. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $640,447.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $288 / sq.feet, with an average $305 / sq.feet price in Longmont. The properties with the highest average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $338 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $681,908 it is 36 % cheaper than the average price in Longmont. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $953,331 it is 543 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $249 / sq.feet followed by "Detached House" priced at $262 / sq.feet. "Land" is the most costly type of property with a $93,005 / sq.feet cost followed by "Condo" with an average price of $336 / sq.feet.