Property prices for sale in Buffalo (Wyoming)
The prices in real estate in Buffalo, in the Wyoming 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 Buffalo has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $6,339. In the following month the price per sq.feet decreased considerably to $4,197. The price for the following two months in (January, February) had a considerable decrease of 36 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 12 % 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 $3,571.5 to $425.5 during March, and April.
Based upon to the price in Buffalo (cities), this has fallen considerably in the last 6 months. The average price for November is $3,208,422. During December the price had a considerable reduction till $2,624,436. During the following two months (January, February) the average price had a considerable reduction of 47 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $2,140,110.25 to $782,813.5, which means a 37 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $845,203 they are 75 % more affordable than the average price for Buffalo. The properties with the highest average price have 1 bedroom, Their price is 8 % more costly than the average. After that we have properties with 4 bedrooms priced at $539,075.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $99 / sq.feet, with an average $436 / sq.feet price in Buffalo. The properties with the highest average prices have 1 bedroom. They are 65 % more expensive than the average followed by properties with 3 bedrooms with a price at $281 / sq.feet.
With regard to the average price based upon the property in Buffalo we can see that the cheapest property type is "House" at a price of $462,475, they are 45 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 45 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $124 / sq.feet. "House" with an average cost of $124 / sq.feet has the lowest price and would be directed at less affluent cities.
