The prices in real estate in Mack, 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 Mack has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $428. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (April, May) had a considerable increment of 151 %. The price per sq.feet has had a considerable deflation of 66 % 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 $268.75 to $178.5 during June, and July.
Based upon to the price in Mack (cities), this has gone up considerably in the last 6 months. The average price for February is $251,689. During March the price had a considerable reduction till . During the following two months (April, May) the average price had a considerable increase of 269 % 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 186 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 15 % cheaper than the average price of $381,268 in Mack. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 15 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2 % cheaper than the average price of ($177 / sq.feet) in Mack. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $450,589 it is 15 % cheaper than the average price in Mack. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $381,268 it is 8 % 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 $128 / sq.feet followed by "House" priced at $177 / sq.feet. "House" is the cheapest type of property with a $177 / sq.feet value followed by "Apartment" with an average price of $128 / sq.feet.