The prices in real estate in Dillon, 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 Dillon has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $219. In the following month the price per sq.feet decreased considerably to $85. The price for the following two months in (March, April) decreased 90 % with regard to the prior two months. The price per sq.feet has decreased 94 % 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 $144.75 to $135.5 during May, and June.
Based upon to the price in Dillon (cities), these have remained the same in the last 6 months. The average price for January is $260,163. During February the price had a slight fall till $222,542. In the following two months the average price has remained the same with regard to the previous two months from $241,352.5 to $247,770.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $279,342 they are 49 % more affordable than the average price for Dillon. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $267,960.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $133 / sq.feet, with an average $140 / sq.feet price in Dillon. The properties with the highest average prices have 2 bedrooms. They are 62 % more expensive than the average followed by properties with 1 bedroom with a price at $211 / sq.feet.
With regard to the average price based upon the property in Dillon we can see that the cheapest property type is "Land" at a price of $258,862, they are 7 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 7 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Land with an average price of $214 / sq.feet. "Land" at an average price of $214 / sq.feet has the most expensive price and would be directed at more affluent cities.