The prices in real estate in Rifle, in the Colorado region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Rifle has increased during the last 6 months. In November, the average price per sq.feet was $323. In the following month the price per sq.feet increased to $371. In the following two months the price per sq.feet has increased 110 %, going from $347 to $381.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $364.25 to $359 during March y April
Based upon to the price in Rifle (cities), this has gone up in the last 6 months. The price in November is $899,750, rising in December till $993,122. During the following two months (January, February) the price has had an average incrementation from $946,436 to $1,054,416.5. During the last two months the average price has had a strong fall compared to the previous four going from $1,000,426.25 to $823,581.5, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $699,516 they are 63 % more affordable than the average price for Rifle. The properties with the lowest average price have 4 bedrooms, Their price is 34 % cheaper than the average. After that we have properties with 3 bedrooms priced at $340,725.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $172 / sq.feet, with an average $335 / sq.feet price in Rifle. The properties with the lowest average prices have 1 bedroom. They are 24 % cheaper than the average followed by properties with 3 bedrooms with a price at $184 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $699,516 it is 64 % cheaper than the average price in Rifle. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $325,161 it is 48 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $83 / sq.feet followed by "Condo" priced at $113 / sq.feet. "House" is the cheapest type of property with a $204 / sq.feet value followed by "Townhouse" with an average price of $128 / sq.feet.