The prices in real estate in Douglas, 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 Douglas has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $6,366. In the following month the price per sq.feet decreased considerably to $1,312. The price for the following two months in (January, February) had a considerable decrease of 3 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 7 % 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 $1,984 to $139 during March, and April.
Based upon to the price in Douglas (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $548,000. During December the price went through a considerable rise reaching $1,997,182. During the following two months (January, February) the average price had a considerable reduction of 20 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $763,590.75 to $276,965.5, which means a 36 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $270,209 they are 32 % more affordable than the average price for Douglas. The properties with the highest average price have 1 bedroom, Their price is 20 % more costly than the average. After that we have properties with 4 bedrooms priced at $244,932.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $86 / sq.feet, with an average $140 / sq.feet price in Douglas. The properties with the highest average prices have 1 bedroom. They are 36 % more expensive than the average followed by properties with 3 bedrooms with a price at $100 / sq.feet.
With regard to the average price based upon the property in Douglas we can see that most expensive property type is "House" at a price of $328,414, they are 22 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 22 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $95 / sq.feet. "House" with an average cost of $95 / sq.feet has the lowest price and would be directed at less affluent cities.