The prices in real estate in Kalispell, 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 Kalispell has increased strongly during the last 6 months. In February, the average price per sq.feet was $258. In the following month the price per sq.feet increased to $282. In the following two months the price per sq.feet has barely changed, going from $270 to $282 per sq.feet. The price per sq.feet has had a considerable increase of 1710 % 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 $276 to $4,719.5 during June, and July.
Based upon to the price in Kalispell (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $701,618. In March This price remains at $728,011. In the following two months the average price has remained the same with regard to the previous two months from $714,814.5 to $697,359.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 451 % 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 $5,697,955 they are 95 % more affordable than the average price for Kalispell. The properties with the lowest average price have 4 bedrooms, Their price is 90 % cheaper than the average. After that we have properties with 3 bedrooms priced at $388,704.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $353 / sq.feet, with an average $8,099 / sq.feet price in Kalispell. The properties with the lowest average prices have 4 bedrooms. They are 67 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,813 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $5,697,955 it is 96 % cheaper than the average price in Kalispell. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $410,456 it is 91 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $157 / sq.feet followed by "Condo" priced at $164 / sq.feet. "House" is the cheapest type of property with a $1,738 / sq.feet value followed by "Land" with an average price of $397 / sq.feet.