Property prices for sale in Trinidad (Colorado)
The prices in real estate in Trinidad, 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 Trinidad has increased strongly during the last 6 months. In October, the average price per sq.feet was $801. In the following month the price per sq.feet increased considerably to $1,961. The price for the following two months in (December, January) had a considerable decrease of 64 with regard to the prior two months. The price per sq.feet has increased 115 % 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 $1,130.25 to $1,297 during February, and March.
Based upon to the price in Trinidad (cities), these have remained the same in the last 6 months. The price in October is $351,057, rising in November till $391,974. In the following two months the average price has remained the same with regard to the previous two months from $371,515.5 to $368,905.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $370,210.5 and $353,998 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $304,694 they are 27 % more affordable than the average price for Trinidad. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at $348,049.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $144 / sq.feet, with an average $1,069 / sq.feet price in Trinidad. The properties with the lowest average prices have 2 bedrooms. They are 80 % cheaper than the average followed by properties with 1 bedroom with a price at $215 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $304,694 it is 46 % cheaper than the average price in Trinidad. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $352,750 it is 188 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $162 / sq.feet followed by "House" priced at $184 / sq.feet. "Land" is the most costly type of property with a $12,743 / sq.feet cost followed by "Condo" with an average price of $239 / sq.feet.
