Property prices for sale in South Fork (Colorado)
The prices in real estate in South Fork, 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 South Fork has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $402. In the following month the price per sq.feet decreased considerably to $238. The price for the following two months in (October, November) had a considerable decrease of 69 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 84 % 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 $270.5 to $227 during December, and January.
Based upon to the price in South Fork (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during August, is $522,400. During September the price went through a considerable rise reaching $677,175. During the following two months (October, November) the average price had a considerable increase of 117 % 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 gone up 113 % 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 $730,085 they are 84 % more affordable than the average price for South Fork. The properties with the lowest average price have 4 bedrooms, Their price is 35 % cheaper than the average. After that we have properties with 3 bedrooms priced at $464,979.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $151 / sq.feet, with an average $232 / sq.feet price in South Fork. The properties with the lowest average prices have 3 bedrooms. They are 16 % cheaper than the average followed by properties with 1 bedroom with a price at $180 / sq.feet.
With regard to the average price based upon the property in South Fork we can see that most expensive property type is "House" at a price of $858,258, they are 18 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 18 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $250 / sq.feet. "House" at an average price of $250 / sq.feet has the most expensive price and would be directed at more affluent cities.
