The prices in real estate in Westcliffe, 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 Westcliffe has increased during the last 6 months. In February, the average price per sq.feet was $300. In the following month the price per sq.feet increased to $343. In the following two months the price per sq.feet has barely changed, going from $321.5 to $335 per sq.feet. The price per sq.feet has increased 107 % 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 $328.25 to $350.5 during June, and July.
Based upon to the price in Westcliffe (cities), these have remained the same in the last 6 months. The average price during our first sample month during February, is $696,778. During March the price went through a considerable rise reaching $807,955. During the following two months (April, May) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $716,998 to $615,185 in June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $624,541 they are 40 % more affordable than the average price for Westcliffe. The properties with the highest average price have 4 bedrooms, Their price is 60 % more costly than the average. After that we have properties with 3 bedrooms priced at $588,435.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $286 / sq.feet, with an average $358 / sq.feet price in Westcliffe. The properties with the highest average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 4 bedrooms with a price at $357 / sq.feet.
With regard to the average price based upon the property in Westcliffe we can see that the cheapest property type is "House" at a price of $613,445, they are 2 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 2 % 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 $342 / sq.feet. "House" with an average cost of $342 / sq.feet has the lowest price and would be directed at less affluent cities.