The prices in real estate in Red Lodge, in the Montana region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Red Lodge has remained the same in the last 6 months. In June, the average price per sq.feet was $358. In the following month the price per sq.feet decreased to $335. In the following two months the price per sq.feet has barely changed, going from $346.5 to $344 per sq.feet. The price per sq.feet has increased 111 % 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 $345.25 to $383.5 during October, and November.
Based upon to the price in Red Lodge (cities), these have remained the same in the last 6 months. The price in June is $727,906, rising in July till $782,962. In the following two months the average price has remained the same with regard to the previous two months from $755,434 to $760,472. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $757,953 and $754,340.5 between October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $727,265 they are 69 % more affordable than the average price for Red Lodge. The properties with the highest average price have 4 bedrooms, Their price is 1 % more costly than the average. After that we have properties with 3 bedrooms priced at $543,738.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $79 / sq.feet, with an average $383 / sq.feet price in Red Lodge. The properties with the highest average prices have 3 bedrooms. They are 236 % more expensive than the average followed by properties with 4 bedrooms with a price at $210 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $727,265 it is 57 % cheaper than the average price in Red Lodge. "House" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "House". At a price of $387,031 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $153 / sq.feet followed by "House" priced at $213 / sq.feet. "Land" is the cheapest type of property with a $291 / sq.feet value followed by "House" with an average price of $213 / sq.feet.