The prices in real estate in Cheyenne, 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 Cheyenne has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $193. In the following month the price per sq.feet decreased considerably to $130. The price for the following two months in (September, October) had a considerable decrease of 81 with regard to the prior two months. The price per sq.feet has decreased 89 % 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 $146 to $130.5 during November, and December.
Based upon to the price in Cheyenne (cities), this has gone downing the last 6 months. The average price for July is $337,134. During August the price had a slight fall till $306,372. During the following two months (September, October) the average price fell 95 % with regard to the previous two months. 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 $313,034.5 and $322,282.5 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $292,872 they are 6 % more expensive than the average price for Cheyenne. Following this ranking we find those properties with 1 at an average price of $317,733. 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 $309,712.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $119 / sq.feet, with an average $129 / sq.feet price in Cheyenne. The properties with the lowest average prices have 1 bedroom. They are 2 % cheaper than the average followed by properties with 4 bedrooms with a price at $119 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $292,872 it is 6 % more expensive than the average price in Cheyenne. "Farm" is seen as the second dearest property type. The dearest property type is "Condo" followed by "Farm". At a price of $314,465 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $119 / sq.feet followed by "Farm" priced at $123 / sq.feet. "Condo" is the cheapest type of property with a $128 / sq.feet value followed by "Farm" with an average price of $123 / sq.feet.