The prices in real estate in Niwot, in the Colorado region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Niwot has fallen in the last 6 months. In November, the average price per sq.feet was $495. In the following month the price per sq.feet decreased to $468. The price for the following two months in (January, February) had a considerable decrease of 83 with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $441.75 to $421 during March y April
Based upon to the price in Niwot (cities), this has fallen considerably in the last 6 months. The price in November is $2,280,833, rising in December till $2,516,640. During the following two months (January, February) the average price had a considerable reduction of 73 % 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 $2,071,147 to $1,699,679, 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 $1,693,813 they are 84 % more affordable than the average price for Niwot. Based on the bedrooms values, properties with the lowest prices are those with 3 bedrooms. They are 60 % more affordable than the average aforementioned.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $298 / sq.feet, with an average $431 / sq.feet price in Niwot. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 25 % more costly than the average value aforementioned.