The prices in real estate in Snowmass Village, 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 Snowmass Village has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $2,322. In the following month the price per sq.feet increased considerably to $3,334. The price for the following two months in (June, July) had a considerable decrease of 79 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 32 % 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 $2,529.5 to $813.5 during August, and September.
Based upon to the price in Snowmass Village (cities), this has gone up in the last 6 months. The price in April is $2,138,563, rising in May till $2,444,675. During the following two months (June, July) the price has had an average incrementation from $2,291,619 to $2,590,443. During the last two months the average price has had a strong fall compared to the previous four going from $2,441,031 to $1,890,160.5, which means a 77 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,660,699 they are 71 % more affordable than the average price for Snowmass Village. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,345,133.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $723 / sq.feet, with an average $724 / sq.feet price in Snowmass Village. The properties with the highest average prices have 4 bedrooms. They are 145 % more expensive than the average followed by properties with 1 bedroom with a price at $799 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,660,699 it is 40 % cheaper than the average price in Snowmass Village. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $2,791,125 it is 214 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $751 / sq.feet followed by "Townhouse" priced at $914 / sq.feet. "House" is the most costly type of property with a $6,246 / sq.feet cost followed by "Townhouse" with an average price of $914 / sq.feet.