The prices in real estate in Woody Creek, 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 Woody Creek has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,735. In the following month the price per sq.feet increased considerably to $18,215. The price for the following two months in (December, January) had a considerable increment of 361 %. The price per sq.feet has increased 113 % 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 $24,158 to $27,187 during February, and March.
Based upon to the price in Woody Creek (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is $17,177,222. During November the price went through a considerable rise reaching $22,096,667. During the following two months (December, January) the average price had a considerable reduction of 71 % 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 108 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 60 % cheaper than the average price of $8,858,223 in Woody Creek. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 60 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 42 % cheaper than the average price of ($9,296 / sq.feet) in Woody Creek. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 42 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Woody Creek we can see that the cheapest property type is "House" at a price of $11,109,747, they are 50 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 50 % 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 $1,291 / sq.feet. "House" with an average cost of $1,291 / sq.feet has the lowest price and would be directed at less affluent cities.