Property prices for sale in Butte (Montana)
The prices in real estate in Butte, 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 Butte has increased strongly during the last 6 months. In March, the average price per sq.feet was $370. In the following month the price per sq.feet decreased considerably to $217. In the following two months the price per sq.feet has barely changed, going from $293.5 to $292 per sq.feet. The price per sq.feet has had a considerable increase of 424 % 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 $292.75 to $1,240.5 during July, and August.
Based upon to the price in Butte (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $297,903. In April This price remains at $284,063. In the following two months the average price has remained the same with regard to the previous two months from $290,983 to $300,911. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $295,947 and $306,556 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $318,484 they are 25 % more affordable than the average price for Butte. The properties with the highest average price have 4 bedrooms, Their price is 46 % more costly than the average. After that we have properties with 3 bedrooms priced at $327,043.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $175 / sq.feet, with an average $2,070 / sq.feet price in Butte. The properties with the lowest average prices have 4 bedrooms. They are 75 % cheaper than the average followed by properties with 1 bedroom with a price at $302 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $318,484 it is 39 % cheaper than the average price in Butte. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $329,008 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $297 / sq.feet followed by "Condo" priced at $339 / sq.feet. "Land" is the most costly type of property with a $13,888 / sq.feet cost followed by "House" with an average price of $1,799 / sq.feet.
