The prices in real estate in Big Sky, in the Montana region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Big Sky has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $1,830. In the following month the price per sq.feet decreased considerably to $1,153. In the following two months the price per sq.feet has barely changed, going from $1,491.5 to $1,443 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,467.25 to $1,412.5 during October y November
Based upon to the price in Big Sky (cities), this has gone up considerably in the last 6 months. The average price for June is $2,763,421. During July the price had a slight fall till $2,455,436. During the following two months (August, September) the price has had an average incrementation from $2,609,428.5 to $2,944,593.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 142 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $4,139,725 they are 81 % more affordable than the average price for Big Sky. The properties with the lowest average price have 4 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 3 bedrooms priced at $2,023,269.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $885 / sq.feet, with an average $1,529 / sq.feet price in Big Sky. The properties with the lowest average prices have 2 bedrooms. They are 1 % cheaper than the average followed by properties with 4 bedrooms with a price at $1,267 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $4,139,725 it is 15 % cheaper than the average price in Big Sky. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $3,700,999 it is 69 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $1,338 / sq.feet followed by "House" priced at $1,417 / sq.feet. "Land" is the most costly type of property with a $1,081,731 / sq.feet cost followed by "House" with an average price of $1,417 / sq.feet.