The prices in real estate in Redstone, 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 Redstone has increased strongly during the last 6 months. In October, the average price per sq.feet was $54,272. In the following month the price per sq.feet decreased considerably to $7,859. The price for the following two months in (December, January) had a considerable increment of 157 %. The price per sq.feet has had a considerable increase of 485 % 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 $39,937.75 to $193,524.5 during February, and March.
Based upon to the price in Redstone (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $1,353,778. In November This price remains at $1,407,000. During the following two months (December, January) the average price had a considerable increase of 124 % 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 $1,542,769.5 to $1,126,400, which means a 73 % fall.