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 January, the average price per sq.feet was $275. The following month the price decreased to $255 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from $265 to $253 per sq.feet. 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 $259 to $255 during May and June.
Based upon to the price in Colorado(region), these have remained the same in the last 6 months. The average price in January is $556,920. In February the price increased to $627,640. The average price for the following two months (March, April) decreased 88 % compared to the prior two. During the last two months the price has reduced 91 % compared to the previous average values going from $557,346.75 a $508,803.5 in May and June.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 48 % more affordable than the average price in Colorado followed by those with 2 with an average price of $394,718. The most costly properties have 4 bedrooms. They are 17 % more expensive than the average followed by those properties with 3 bedrooms priced at $483,804.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $238 / sq.feet being $272 / sq.feet the average value within the Colorado region. The properties with the most expensive average price are those with 1 bedroom. These are 50 % more costly than the average followed by those with 2 bedrooms with a price of $325 / sq.feet.
The graph displaying the average price according to the property type shows "Condo" as the cheapest one. With an average cost of $557,543 it is 39 % more affordable than the average in Colorado. This is followed by "Townhouse" with a price of $462,725. The dearest property type is "Commercial" and is 113 % more expensive than the average, followed by "House" with a cost of $623,281.
Based on the average cost per sq.feet the cheapest property type is "Duplex with a an average cost of $224 / sq.feet, followed by "House" with a price of $247 / sq.feet. "Land" with an average price of $48,891 / sq.feet is the most costly type of property followed by "Commercial" at a price of $17,309 / sq.feet.