The prices in real estate in Jackson, 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 Jackson has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $34,915. In the following month the price per sq.feet decreased considerably to $10,096. The price for the following two months in (January, February) had a considerable decrease of 7 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 12 % 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 $12,011 to $1,479 during March, and April.
Based upon to the price in Jackson (cities), this has gone downing the last 6 months. The average price for November is $4,202,319. During December the price had a considerable reduction till $3,532,569. In the following two months the average price has remained the same with regard to the previous two months from $3,867,444 to $3,799,997. 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 $3,833,720.5 and $3,951,525 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $4,007,725 they are 67 % more affordable than the average price for Jackson. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $3,841,490.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $1,364 / sq.feet, with an average $1,454 / sq.feet price in Jackson. 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 $1,423 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $4,007,725 it is 35 % cheaper than the average price in Jackson. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $3,951,245 it is 31 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $1,198 / sq.feet followed by "Townhouse" priced at $1,372 / sq.feet. "House" is the most costly type of property with a $1,577 / sq.feet cost followed by "Townhouse" with an average price of $1,372 / sq.feet.