The prices in real estate in Jefferson City, 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 Jefferson City has increased strongly during the last 6 months. In September, the average price per sq.feet was $148. In the following month the price per sq.feet increased considerably to $1,031. The price for the following two months in (November, December) had a considerable decrease of 45 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 25 % 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 $428.5 to $107.5 during January, and February.
Based upon to the price in Jefferson City (cities), this has gone downing the last 6 months. The average price for September is $346,960. During October the price had a considerable reduction till $289,914. During the following two months (November, December) the price has had an average incrementation from $318,437 to $337,648. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $328,042.5 to $282,350 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $290,250 they are 27 % more affordable than the average price for Jefferson City. The properties with the highest average price have 4 bedrooms, Their price is 70 % more costly than the average. After that we have properties with 1 bedroom priced at $227,693.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $124 / sq.feet, with an average $108 / sq.feet price in Jefferson City. The properties with the highest average prices have 4 bedrooms. They are 315 % more expensive than the average followed by properties with 1 bedroom with a price at $316 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $290,250 it is 56 % cheaper than the average price in Jefferson City. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Condo". At a price of $126,606 it is 70 % 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 $46 / sq.feet followed by "Land" priced at $448 / sq.feet. "Land" is the most costly type of property with a $448 / sq.feet cost followed by "Condo" with an average price of $46 / sq.feet.