Property prices for sale in Gallatin Gateway (Montana)
The prices in real estate in Gallatin Gateway, in the Montana 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 Gallatin Gateway has increased strongly during the last 6 months. In October, the average price per sq.feet was $12,079. In the following month the price per sq.feet increased to $13,331. The price for the following two months in (December, January) had a considerable increment of 206 %. The price per sq.feet has had a considerable increase of 241 % 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 $19,458.75 to $46,813 during February, and March.
Based upon to the price in Gallatin Gateway (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $2,196,300. In November This price remains at $2,147,031. In the following two months the average price has remained the same with regard to the previous two months from $2,171,665.5 to $2,095,140.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $2,133,403 and $2,049,710 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,879,024 they are 91 % more affordable than the average price for Gallatin Gateway. The properties with the highest average price have 4 bedrooms, Their price is 107 % more costly than the average. After that we have properties with 3 bedrooms priced at $2,819,873.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $349 / sq.feet, with an average $55,646 / sq.feet price in Gallatin Gateway. The properties with the lowest average prices have 4 bedrooms. They are 98 % cheaper than the average followed by properties with 3 bedrooms with a price at $938 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $1,879,024 it is 48 % cheaper than the average price in Gallatin Gateway. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $2,209,259 it is 53 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $475 / sq.feet followed by "House" priced at $877 / sq.feet. "Land" is the most costly type of property with a $126,536 / sq.feet cost followed by "House" with an average price of $877 / sq.feet.
