Property prices for sale in South Fork (Colorado)
The prices in real estate in South Fork, 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 South Fork has increased strongly during the last 6 months. In October, the average price per sq.feet was $323. In the following month the price per sq.feet increased considerably to $4,150. The price for the following two months in (December, January) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 489 % 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 $2,141.75 to $10,470 during February, and March.
Based upon to the price in South Fork (cities), this has fallen considerably in the last 6 months. The average price for October is $769,015. During November the price had a considerable reduction till $644,223. During the following two months (December, January) the average price fell 86 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $658,411.25 to $471,872.5, which means a 72 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $322,813 they are 75 % more affordable than the average price for South Fork. The properties with the highest average price have 4 bedrooms, Their price is 262 % more costly than the average. After that we have properties with 3 bedrooms priced at $490,048.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $210 / sq.feet, with an average $20,646 / sq.feet price in South Fork. The properties with the lowest average prices have 4 bedrooms. They are 98 % cheaper than the average followed by properties with 2 bedrooms with a price at $292 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $322,813 it is 65 % cheaper than the average price in South Fork. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $114,207 it is 87 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $303 / sq.feet followed by "Land" priced at $42,482 / sq.feet. "Land" is the most costly type of property with a $42,482 / sq.feet cost followed by "House" with an average price of $303 / sq.feet.
