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 November, the average price per sq.feet was $243. In the following month the price per sq.feet increased considerably to $302. The price for the following two months in (January, February) had a considerable increment of 163 %. The price per sq.feet has had a considerable increase of 130 % 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 $357.75 to $466 during March, and April.
Based upon to the price in South Fork (cities), these have remained the same in the last 6 months. The average price for November is $783,390. During December the price had a slight fall till $703,909. In the following two months the average price has remained the same with regard to the previous two months from $743,649.5 to $775,170. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $871,363 they are 71 % more affordable than the average price for South Fork. The properties with the highest average price have 1 bedroom, Their price is 58 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,051,923.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $263 / sq.feet, with an average $344 / sq.feet price in South Fork. The properties with the highest average prices have 1 bedroom. They are 573 % more expensive than the average followed by properties with 3 bedrooms with a price at $381 / sq.feet.
With regard to the average price based upon the property in South Fork we can see that the cheapest property type is "House" at a price of $753,206, they are 14 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 14 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $232 / sq.feet. "House" with an average cost of $232 / sq.feet has the lowest price and would be directed at less affluent cities.