Property prices for sale in Manitou Springs (Colorado)
The prices in real estate in Manitou Springs, 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 Manitou Springs has increased strongly during the last 6 months. In October, the average price per sq.feet was $324. In the following month the price per sq.feet increased considerably to $380. In the following two months the price per sq.feet has barely changed, going from $352 to $355.5 per sq.feet. The price per sq.feet has had a considerable increase of 2006 % 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 $353.75 to $7,095.5 during February, and March.
Based upon to the price in Manitou Springs (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $641,739. In November This price remains at $670,303. During the following two months (December, January) the average price fell 88 % 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 $615,615.5 to $508,025.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $526,723 they are 32 % more affordable than the average price for Manitou Springs. The properties with the highest average price have 3 bedrooms, Their price is 48 % more costly than the average. After that we have properties with 4 bedrooms priced at $616,096.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $207 / sq.feet, with an average $13,911 / sq.feet price in Manitou Springs. The properties with the lowest average prices have 2 bedrooms. They are 97 % cheaper than the average followed by properties with 1 bedroom with a price at $340 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $526,723 it is 74 % cheaper than the average price in Manitou Springs. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $586,429 it is 22 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $300 / sq.feet followed by "Condo" priced at $402 / sq.feet. "Land" is the most costly type of property with a $104,005 / sq.feet cost followed by "Condo" with an average price of $402 / sq.feet.
