Property prices for sale in Great Falls (Montana)
The prices in real estate in Great Falls, 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 Great Falls has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $109. In August this price pretty much remained the same at a value of $111 per sq.feet. The price for the following two months in (September, October) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has decreased 85 % 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 $100.25 to $85.5 during November, and December.
Based upon to the price in Great Falls (cities), this has gone downing the last 6 months. In our first sample month during July, the average price is $236,899. In August This price remains at $232,621. During the following two months (September, October) the average price had a considerable reduction of 82 % 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 111 % 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 $222,933 they are 57 % more affordable than the average price for Great Falls. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at $199,946.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $97 / sq.feet, with an average $87 / sq.feet price in Great Falls. The properties with the highest average prices have 3 bedrooms. They are 30 % more expensive than the average followed by properties with 2 bedrooms with a price at $110 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $222,933 it is 24 % cheaper than the average price in Great Falls. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Condo". At a price of $226,815 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $68 / sq.feet followed by "House" priced at $93 / sq.feet. "Condo" is the most costly type of property with a $99 / sq.feet cost followed by "Apartment" with an average price of $98 / sq.feet.
