The prices in real estate in Vail, in the Colorado region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Vail has increased during the last 6 months. In October, the average price per sq.feet was $1,550. In the following month the price per sq.feet increased to $1,767. In the following two months the price per sq.feet has barely changed, going from $1,658.5 to $1,653.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,656 to $1,716 during February y March
Based upon to the price in Vail (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $3,979,780. In November This price remains at $3,861,511. During the following two months (December, January) the average price fell 92 % 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 117 % 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 $4,605,638 they are 78 % more affordable than the average price for Vail. The properties with the highest average price have 4 bedrooms, Their price is 56 % more costly than the average. After that we have properties with 3 bedrooms priced at $3,065,111.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $1,044 / sq.feet, with an average $1,762 / sq.feet price in Vail. The properties with the highest average prices have 4 bedrooms. They are 34 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,746 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $4,605,638 it is 67 % cheaper than the average price in Vail. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $4,179,149 it is 149 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $983 / sq.feet followed by "Duplex" priced at $1,274 / sq.feet. "House" is the most costly type of property with a $2,216 / sq.feet cost followed by "Condo" with an average price of $1,687 / sq.feet.