The prices in real estate in Big Sky, in the Montana 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 Big Sky has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,988. In the following month the price per sq.feet decreased considerably to $649. The price for the following two months in (December, January) had a considerable decrease of 39 with regard to the prior two months. The price per sq.feet has had a considerable increase of 629 % 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 $1,263.25 to $7,946 during February, and March.
Based upon to the price in Big Sky (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $2,356,554. In November This price remains at $2,250,958. In the following two months the average price has remained the same with regard to the previous two months from $2,303,756 to $2,407,694.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $2,355,725.25 to $2,237,315 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $2,063,759 they are 87 % more affordable than the average price for Big Sky. The properties with the lowest average price have 4 bedrooms, Their price is 9 % cheaper than the average. After that we have properties with 3 bedrooms priced at $955,936.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $329 / sq.feet, with an average $12,111 / sq.feet price in Big Sky. The properties with the lowest average prices have 4 bedrooms. They are 95 % cheaper than the average followed by properties with 1 bedroom with a price at $449 / sq.feet.
With regard to the average price based upon the property in Big Sky we can see that the cheapest property type is "Condo" at a price of $1,720,183, they are 17 % more affordable than the average price of (!PRECIO2!). "Condo" has the lowest price. This price is 17 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Condo with an average price of $1,129 / sq.feet. "Condo" with an average cost of $1,129 / sq.feet has the lowest price and would be directed at less affluent cities.