The prices in real estate in Snowmass Village, 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 Snowmass Village has increased strongly during the last 6 months. In September, the average price per sq.feet was $724. In the following month the price per sq.feet increased considerably to $851. The price for the following two months in (November, December) had a considerable increment of 125 %. The price per sq.feet has increased 113 % 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 $884.5 to $1,001 during January, and February.
Based upon to the price in Snowmass Village (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $1,660,699. During October the price went through a considerable rise reaching $1,920,538. During the following two months (November, December) the average price had a considerable increase of 130 % 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 risen strongly 119 % 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 $2,736,405 they are 81 % more affordable than the average price for Snowmass Village. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $2,027,069.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $755 / sq.feet, with an average $1,015 / sq.feet price in Snowmass Village. The properties with the lowest average prices have 4 bedrooms. They are 3 % cheaper than the average followed by properties with 3 bedrooms with a price at $951 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $2,736,405 it is 69 % 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 $2,882,500 it is 78 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $819 / sq.feet followed by "Townhouse" priced at $979 / sq.feet. "House" is the most costly type of property with a $1,302 / sq.feet cost followed by "Townhouse" with an average price of $979 / sq.feet.