The prices in real estate in Baggs, in the Wyoming 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 Baggs has increased strongly during the last 6 months. In November, the average price per sq.feet was $8,854. In December this price pretty much remained the same at a value of $8,924 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 149 %. The price per sq.feet has had a considerable deflation of 82 % 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 $11,051.5 to $9,027.5 during March, and April.
Based upon to the price in Baggs (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $167,000. In December This price remains at $168,188. In the following two months the average price has remained the same with regard to the previous two months from $167,594 to $160,875. Based on an analysis of the first four prices and the last two months the average price has risen strongly 184 % during the last two months.