Property prices for sale in Rifle (Colorado)
The prices in real estate in Rifle, 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 Rifle has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,013. In the following month the price per sq.feet increased to $1,098. The price for the following two months in (December, January) had a considerable decrease of 60 with regard to the prior two months. The price per sq.feet has had a considerable increase of 349 % 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 $842.25 to $2,943.5 during February, and March.
Based upon to the price in Rifle (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $715,832. In November This price remains at $682,477. During the following two months (December, January) the average price had a considerable reduction of 80 % with regard to the previous two months. 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 $628,004 and $636,825.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $634,825 they are 25 % more affordable than the average price for Rifle. The properties with the highest average price have 2 bedrooms, Their price is 59 % more costly than the average. After that we have properties with 3 bedrooms priced at $582,541.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $210 / sq.feet, with an average $4,421 / sq.feet price in Rifle. The properties with the lowest average prices have 2 bedrooms. They are 80 % cheaper than the average followed by properties with 1 bedroom with a price at $408 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $634,825 it is 62 % 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 $317,753 it is 13 % 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 $60 / sq.feet followed by "Condo" priced at $90 / sq.feet. "House" is the cheapest type of property with a $285 / sq.feet value followed by "Townhouse" with an average price of $105 / sq.feet.
