Property prices for sale in Cheyenne (Wyoming)
The prices in real estate in Cheyenne, in the Wyoming 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 Cheyenne has increased strongly during the last 6 months. In October, the average price per sq.feet was $540. In the following month the price per sq.feet decreased considerably to $353. The price for the following two months in (December, January) had a considerable increment of 156 %. The price per sq.feet has had a considerable increase of 262 % 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 $572 to $1,500 during February, and March.
Based upon to the price in Cheyenne (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $358,964. In November This price remains at $356,144. In the following two months the average price has remained the same with regard to the previous two months from $357,554 to $363,014.5. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $398,777 they are 52 % more affordable than the average price for Cheyenne. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $432,774.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $169 / sq.feet, with an average $929 / sq.feet price in Cheyenne. The properties with the highest average prices have 3 bedrooms. They are 92 % more expensive than the average followed by properties with 4 bedrooms with a price at $331 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $398,777 it is 62 % cheaper than the average price in Cheyenne. "Condo" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $413,920 it is 65 % 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 $121 / sq.feet followed by "Condo" priced at $313 / sq.feet. "Duplex" is the most costly type of property with a $1,882 / sq.feet cost followed by "Farm" with an average price of $1,562 / sq.feet.
