The prices in real estate in Palisade, 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 Palisade has fallen in the last 6 months. In January, the average price per sq.feet was $261. In the following month the price per sq.feet increased to $293. The price for the following two months in (March, April) had a considerable decrease of 75 with regard to the prior two months. The price per sq.feet has increased 106 % 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 to $256 during May, and June.
Based upon to the price in Palisade (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $446,292. During February the price went through a considerable rise reaching $563,099. During the following two months (March, April) the average price fell 91 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 169 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 37 % cheaper than the average price of $639,892 in Palisade. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 37 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 46 % cheaper than the average price of ($186 / sq.feet) in Palisade. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 46 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,009,150 it is 68 % cheaper than the average price in Palisade. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $325,878 it is 37 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $186 / sq.feet followed by "Townhouse" priced at $5,121 / sq.feet. "Townhouse" is the most costly type of property with a $5,121 / sq.feet cost followed by "House" with an average price of $186 / sq.feet.