Property prices for sale in Monte Vista (Colorado)
The prices in real estate in Monte Vista, 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 Monte Vista has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $346. In the following month the price per sq.feet decreased considerably to $287. The price for the following two months in (January, February) had a considerable decrease of 53 with regard to the prior two months. The price per sq.feet has had a considerable increase of 152 % 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 $242.25 to $368 during March, and April.
Based upon to the price in Monte Vista (cities), this has fallen considerably in the last 6 months. The average price for November is $496,571. During December the price had a considerable reduction till $332,948. During the following two months (January, February) the average price fell 89 % 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 $391,354.75 to $319,843.5, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $288,889 they are 88 % more affordable than the average price for Monte Vista. The properties with the highest average price have 2 bedrooms, Their price is 638 % more costly than the average. After that we have properties with 4 bedrooms priced at $424,850.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $39 / sq.feet, with an average $173 / sq.feet price in Monte Vista. The properties with the highest average prices have 2 bedrooms. They are 768 % more expensive than the average followed by properties with 3 bedrooms with a price at $131 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $288,889 it is 4 % cheaper than the average price in Monte Vista. "Detached House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $365,681 it is 280 % 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 $121 / sq.feet followed by "Detached House" priced at $141 / sq.feet. "Land" is the most costly type of property with a $21,275 / sq.feet cost followed by "Detached House" with an average price of $141 / sq.feet.
