The prices in real estate in Peyton, 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 Peyton has increased strongly during the last 6 months. In November, the average price per sq.feet was $245. In the following month the price per sq.feet increased to $266. The price for the following two months in (January, February) had a considerable increment of 134 %. The price per sq.feet has had a considerable increase of 143 % 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 $298.75 to $426.5 during March, and April.
Based upon to the price in Peyton (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $585,140. In December This price remains at $579,016. During the following two months (January, February) the price has had an average incrementation from $582,078 to $618,370.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $600,224.25 and $605,067 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $616,052 they are 20 % more affordable than the average price for Peyton. The properties with the highest average price have 2 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 1 bedroom priced at $629,847.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $185 / sq.feet, with an average $303 / sq.feet price in Peyton. The properties with the lowest average prices have 2 bedrooms. They are 26 % cheaper than the average followed by properties with 3 bedrooms with a price at $215 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $616,052 it is 46 % cheaper than the average price in Peyton. "Commercial" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $349,594 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $74 / sq.feet followed by "Townhouse" priced at $93 / sq.feet. "House" is the cheapest type of property with a $199 / sq.feet value followed by "Townhouse" with an average price of $93 / sq.feet.