The average price in the Colorado region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per sq.feet in Colorado has increased in the last 6 months. During June, the average price per sq.feet was $209. The following month (July) the price had a considerable increase reaching $313 per sq.feet. The following two months (August, September) went through a considerable deflation of 84 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has decreased 93 %. This has been obtained by comparing the price $239.5 for the first four months of the sample with regard to the previous 4 months and the price $222 per sq.feet for the last two months (October, November).
Based upon to the price in Colorado(region), these have remained the same in the last 6 months. In the first month sample June the average price is $479,367. In July the price was the same at $467,928. In the following two months the average price didn't change much compared to the previous two going from $473,647.5 to $458,930.5. During the last two months the price has risen 108 % compared to the previous average values going from $466,289 a $503,506.5 in October and November.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 36 % more affordable than the average price in Colorado followed by those with 2 with an average price of $396,885. The most costly properties have 4 bedrooms. They are 12 % more expensive than the average followed by those properties with 3 bedrooms priced at $422,570.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $203 / sq.feet being $236 / sq.feet the average value within the Colorado region. The properties with the most expensive average price are those with 1 bedroom. These are 78 % more costly than the average followed by those with 2 bedrooms with a price of $270 / sq.feet.
The graph displaying the average price according to the property type shows "Office" as the cheapest one. With an average cost of $539,501 it is 7 % more affordable than the average in Colorado. This is followed by "Townhouse" with a price of $530,499. The dearest property type is "Condo" and is 49 % more expensive than the average, followed by "House" with a cost of $625,809.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $222 / sq.feet, followed by "Office" with a price of $228 / sq.feet. "Condo" with an average price of $613 / sq.feet is the most costly type of property followed by "House" at a price of $239 / sq.feet.