The prices in real estate in Evanston, 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 Evanston has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $10,054. In the following month the price per sq.feet decreased considerably to $130. 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 $2,628.75 to $178.5 during March, and April.
Based upon to the price in Evanston (cities), this has fallen considerably in the last 6 months. The average price for November is $13,897,875. During December the price had a considerable reduction till $204,875. During the following two months (January, February) the average price had a considerable reduction of 6 % 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 $3,723,108.25 to $565,973.5, which means a 15 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $656,697 they are 86 % more affordable than the average price for Evanston. The properties with the lowest average price have 3 bedrooms, Their price is 48 % cheaper than the average. After that we have properties with 4 bedrooms priced at $255,747.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $76 / sq.feet, with an average $183 / sq.feet price in Evanston. The properties with the lowest average prices have 3 bedrooms. They are 9 % cheaper than the average followed by properties with 2 bedrooms with a price at $101 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $656,697 it is 86 % cheaper than the average price in Evanston. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $94,720 it is 69 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $43 / sq.feet followed by "House" priced at $83 / sq.feet. "House" is the cheapest type of property with a $83 / sq.feet value followed by "Condo" with an average price of $43 / sq.feet.