The prices in real estate in Circle, in the Montana 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 Circle has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $91,443. In the following month the price per sq.feet increased to $104,359. The price for the following two months in (January, February) had a considerable decrease of 49 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 33 % 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 $72,799.25 to $23,745.5 during March, and April.
Based upon to the price in Circle (cities), this has fallen considerably in the last 6 months. The average price for November is $421,250. During December the price had a considerable reduction till $295,714. During the following two months (January, February) the average price had a considerable reduction of 65 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.