The average price in the Colorado region has had a slight decrease in recent months. There has been a deflation in the prices in this region.
The price per sq.feet in Colorado has risen in the last 6 months. During June, the average price per sq.feet was $336. The following month the price decreased to $302 per sq.feet. The following two months (August, September) there has been a deflation of 88 % in the price per sq.feet with regard to the previous two. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.feet of $300.25 to $293.5 during October and November.
Based upon to the price in Colorado (region), this has decreased in the last 6 months. June has an average price of $717,578. During July the price had a slight deflation till $672,508. In the following two months the average price didn't change much compared to the previous two going from $695,043 to $661,051. During the last two months the average price has remained stagnant and has gone from $678,047 to $647,388 during 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 43 % more affordable than the average price in Colorado followed by those with 2 with an average price of $436,123. The most costly properties have 4 bedrooms. They are 28 % more expensive than the average followed by those properties with 3 bedrooms priced at $583,042.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $270 / sq.feet being $296 / sq.feet the average value within the Colorado region. The properties with the most expensive average price are those with 1 bedroom. These are 69 % more costly than the average followed by those with 2 bedrooms with a price of $337 / sq.feet.
The graph displaying the average price according to the property type shows "Apartment" as the cheapest one. With an average cost of $665,073 it is 40 % more affordable than the average in Colorado. This is followed by "Condo" with a price of $486,346. The dearest property type is "House" and is 11 % more expensive than the average, followed by "Commercial" with a cost of $725,606.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $178 / sq.feet, followed by "Apartment" with a price of $215 / sq.feet. "Land" with an average price of $7,968 / sq.feet is the most costly type of property followed by "Condo" at a price of $421 / sq.feet.