The prices in real estate in Rock Springs, in the Wyoming region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Rock Springs has fallen in the last 6 months. In April, the average price per sq.feet was $135. In the following month the price per sq.feet decreased to $116. In the following two months the price per sq.feet has increased 113 %, going from $125.5 to $142 per sq.feet. The price per sq.feet has had a considerable deflation of 82 % 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 $133.75 to $110 during August, and September.
Based upon to the price in Rock Springs (cities), this has fallen considerably in the last 6 months. The average price for April is $839,338. During May the price had a considerable reduction till $680,038. In the following two months the average price has remained the same with regard to the previous two months from $759,688 to $737,462. During the last two months the average price has had a strong fall compared to the previous four going from $748,575 to $252,948.5, which means a 34 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $253,613 they are 9 % more affordable than the average price for Rock Springs. The properties with the lowest average price have 1 bedroom, Their price is 8 % cheaper than the average. After that we have properties with 4 bedrooms priced at $230,567.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $95 / sq.feet, with an average $110 / sq.feet price in Rock Springs. The properties with the lowest average prices have 1 bedroom. They are 5 % cheaper than the average followed by properties with 4 bedrooms with a price at $95 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $253,613 it is 60 % cheaper than the average price in Rock Springs. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $102,129 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $95 / sq.feet followed by "Townhouse" priced at $118 / sq.feet. "Townhouse" is the most costly type of property with a $118 / sq.feet cost followed by "House" with an average price of $95 / sq.feet.