The prices in real estate in Ordway, 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 Ordway has increased strongly during the last 6 months. In November, the average price per sq.feet was $919. In the following month the price per sq.feet decreased considerably to $530. The price for the following two months in (January, February) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable increase of 561 % 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 $424 to $2,379.5 during March, and April.
Based upon to the price in Ordway (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $415,778. In December This price remains at $434,927. During the following two months (January, February) the price has had an average incrementation from $425,352.5 to $461,493. During the last two months the average price has had a strong fall compared to the previous four going from $443,422.75 to $349,769.5, which means a 79 % fall.