The average price in the Colorado region has had same value in recent months. Prices in this region have remained pretty much stagnant.
The price per sq.feet in Colorado has remained stagnant in the last 6 months. During May, the average price per sq.feet was $414. The following month (June) the price had a considerable increase reaching $578 per sq.feet. The following two months (July, August) there has been a deflation of 91 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant decrease of 59 %. This has been obtained by comparing the price of $474.5 for the first four months of the sample with regard to the previous 4 months and the price of $279 per sq.feet for the last two months (September, October).
Based upon to the price in Colorado(region), this has increased in the last 6 months. In the first month sample for May the average price is $608,465. During June it went through a strong inflation reaching $879,333 The average price for the following two months (July, August) decreased 91 % compared to the prior two. During the last two months the price has had a considerable reduction of 81 % with respect to the previous four months going from $710,317 a $578,426.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 33 % more affordable than the average price in Colorado followed by those with 2 with an average price of $384,483. The most costly properties have 4 bedrooms. They are 27 % more expensive than the average followed by those properties with 3 bedrooms priced at $477,397.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $210 / sq.feet being $237 / sq.feet the average value within the Colorado region. The properties with the most expensive average price are those with 1 bedroom. These are 72 % more costly than the average followed by those with 2 bedrooms with a price of $283 / sq.feet.
The graph displaying the average price according to the property type shows "Condo" as the most costly one. With an average cost of $481,241 it is 3 % more expensive than the average in Colorado. This is followed by "Commercial" with a price of $498,516. The dearest property type is "Land" and is 98 % more expensive than the average, followed by "House" with a cost of $628,415.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $222 / sq.feet, followed by "Villa" with a price of $227 / sq.feet. "Land" with an average price of $834 / sq.feet is the most costly type of property followed by "Condo" at a price of $419 / sq.feet.