The prices in real estate in Monte Vista, 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 Monte Vista has increased strongly during the last 6 months. In February, the average price per sq.feet was $157. In March this price pretty much remained the same at a value of $157 per sq.feet. The price for the following two months in (April, May) had a considerable increment of 613 %. The price per sq.feet has had a considerable increase of 131 % 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 $560 to $736 during June, and July.
Based upon to the price in Monte Vista (cities), this has fallen considerably in the last 6 months. In our first sample month during February, the average price is $202,790. In March This price remains at $202,790. During the following two months (April, May) the average price had a considerable reduction of 23 % 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 $124,470 to $50,250, which means a 40 % fall.