Property prices for sale in Rangely (Colorado)
The prices in real estate in Rangely, 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 Rangely has increased strongly during the last 6 months. In November, the average price per sq.feet was $120. In the following month the price per sq.feet increased considerably to $520. The price for the following two months in (January, February) had a considerable decrease of 40 with regard to the prior two months. The price per sq.feet has had a considerable increase of 572 % 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 $223.75 to $1,280.5 during March, and April.
Based upon to the price in Rangely (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $222,991. In December This price remains at $230,016. During the following two months (January, February) the average price fell 90 % 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 gone up 111 % during the last two months.
