The prices in real estate in Powderhorn, 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 Powderhorn has increased strongly during the last 6 months. In October, the average price per sq.feet was $431. In November this price pretty much remained the same at a value of $419 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 1091 %. The price per sq.feet has had a considerable increase of 268 % 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 $2,530 to $6,769 during February, and March.
Based upon to the price in Powderhorn (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $825,000. During November the price went through a considerable rise reaching $1,158,000. During the following two months (December, January) the average price had a considerable reduction of 17 % 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 $582,031.25 to $104,197, which means a 18 % fall.