Property prices for sale in Libby (Montana)

The prices in real estate in Libby, 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.

$412,180.83
Average price last 6 months
$5,973.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Libby has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $19,043. In the following month the price per sq.feet decreased considerably to $8,193. The price for the following two months in (March, April) had a considerable decrease of 30 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 3 % 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 $8,819.25 to $281 during May, and June.

Average price

Based upon to the price in Libby (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $221,057. During February the price went through a considerable rise reaching $382,723. During the following two months (March, April) the average price had a considerable increase of 132 % 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 risen strongly 154 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $496,454 they are 0 % more affordable than the average price for Libby. The properties with the highest average price have 2 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 3 bedrooms priced at $517,785.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $221 / sq.feet, with an average $265 / sq.feet price in Libby. The properties with the highest average prices have 2 bedrooms. They are 132 % more expensive than the average followed by properties with 1 bedroom with a price at $296 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $496,454 it is 24 % cheaper than the average price in Libby. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $378,653 it is 0 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $130 / sq.feet followed by "House" priced at $265 / sq.feet. "House" is the cheapest type of property with a $265 / sq.feet value followed by "Land" with an average price of $130 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Libby
Number of properties used in region Montana
$496,454
$265
266
45,522
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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