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 September, the average price per sq.feet was $10,662. In the following month the price per sq.feet increased to $11,878. In the following two months the price per sq.feet has barely changed, going from $11,270 to $10,906 per sq.feet. The price per sq.feet has had a considerable deflation of 46 % 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 $11,088 to $5,081.5 during January, and February.
Based upon to the price in Jackson (cities), this has gone downing the last 6 months. The average price for September is $4,217,363. During October the price had a slight fall till $3,921,375. In the following two months the average price has remained the same with regard to the previous two months from $4,069,369 to $3,886,900. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $3,978,134.5 to $3,574,025.5 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $3,514,138 they are 66 % more affordable than the average price for Jackson. The properties with the highest average price have 4 bedrooms, Their price is 33 % more costly than the average. After that we have properties with 3 bedrooms priced at $2,372,838.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $1,019 / sq.feet, with an average $4,728 / sq.feet price in Jackson. The properties with the lowest average prices have 4 bedrooms. They are 12 % cheaper than the average followed by properties with 1 bedroom with a price at $1,734 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $3,514,138 it is 73 % 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 "Land". At a price of $4,461,250 it is 51 % 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 $766 / sq.feet followed by "Townhouse" priced at $1,434 / sq.feet. "Land" is the most costly type of property with a $20,179 / sq.feet cost followed by "House" with an average price of $4,529 / sq.feet.