Property prices for sale in Silt (Colorado)
The prices in real estate in Silt, in the Colorado region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Silt has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $4,263. In the following month the price per sq.feet decreased considerably to $3,060. The price for the following two months in (December, January) had a considerable decrease of 53 with regard to the prior two months. The price per sq.feet has had a considerable increase of 138 % 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 $2,793.5 to $3,853 during February, and March.
Based upon to the price in Silt (cities), this has gone up in the last 6 months. The price in October is $659,656, rising in November till $703,948. In the following two months the average price has remained the same with regard to the previous two months from $681,802 to $713,876. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $736,996 they are 64 % more affordable than the average price for Silt. The properties with the lowest average price have 3 bedrooms, Their price is 10 % cheaper than the average. After that we have properties with 4 bedrooms priced at $623,126.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $232 / sq.feet, with an average $479 / sq.feet price in Silt. The properties with the highest average prices have 2 bedrooms. They are 3367 % more expensive than the average followed by properties with 3 bedrooms with a price at $410 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $736,996 it is 33 % cheaper than the average price in Silt. "Farm" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $563,163 it is 14 % 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 $155 / sq.feet followed by "Farm" priced at $179 / sq.feet. "House" is the cheapest type of property with a $415 / sq.feet value followed by "Farm" with an average price of $179 / sq.feet.
