The prices in real estate in Pinedale, 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 Pinedale has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,554. In the following month the price per sq.feet decreased considerably to $1,171. The price for the following two months in (January, February) had a considerable decrease of 54 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 34 % 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 $1,046 to $351.5 during March, and April.
Based upon to the price in Pinedale (cities), this has fallen considerably in the last 6 months. The average price for November is $5,527,656. During December the price had a considerable reduction till $4,290,600. During the following two months (January, February) the average price had a considerable reduction of 52 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $3,743,080.5 to $987,266.5, which means a 26 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,386,353 they are 79 % more affordable than the average price for Pinedale. The properties with the lowest average price have 1 bedroom, Their price is 63 % cheaper than the average. After that we have properties with 4 bedrooms priced at $434,938.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $81 / sq.feet, with an average $461 / sq.feet price in Pinedale. The properties with the highest average prices have 4 bedrooms. They are 1239 % more expensive than the average followed by properties with 3 bedrooms with a price at $4,061 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $1,386,353 it is 93 % cheaper than the average price in Pinedale. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Farm" followed by "Duplex". At a price of $404,644 it is 36 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $124 / sq.feet followed by "Farm" priced at $148 / sq.feet. "House" is the most costly type of property with a $2,893 / sq.feet cost followed by "Land" with an average price of $711 / sq.feet.