The prices in real estate in Big Timber, 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 Timber has increased strongly during the last 6 months. In July, the average price per sq.feet was $286. In the following month the price per sq.feet decreased to $246. In the following two months the price per sq.feet has increased 114 %, going from $266 to $302.5 per sq.feet. The price per sq.feet has had a considerable increase of 329 % 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 $284.25 to $936.5 during November, and December.
Based upon to the price in Big Timber (cities), this has gone up considerably in the last 6 months. The average price for July is $818,625. During August the price had a considerable reduction till $680,167. During the following two months (September, October) the price has had an average incrementation from $749,396 to $822,643. Based on an analysis of the first four prices and the last two months the average price has risen strongly 232 % during the last two months.