The prices in real estate in Ronan, 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 Ronan has increased strongly during the last 6 months. In March, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $281. In the following two months the price per sq.feet has increased 110 %, going from $140.5 to $154.5 per sq.feet. The price per sq.feet has had a considerable increase of 227 % 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 $147.5 to $335 during July, and August.
Based upon to the price in Ronan (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is . During April the price went through a considerable rise reaching $256,130. During the following two months (May, June) the average price had a considerable increase of 252 % 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 127 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $269,089 they are 25 % more affordable than the average price for Ronan. The properties with the highest average price have 4 bedrooms, Their price is 44 % more costly than the average. After that we have properties with 1 bedroom priced at $296,650.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $126 / sq.feet, with an average $141 / sq.feet price in Ronan. The properties with the highest average prices have 1 bedroom. They are 38 % more expensive than the average followed by properties with 2 bedrooms with a price at $153 / sq.feet.
With regard to the average price based upon the property in Ronan we can see that the cheapest property type is "House" at a price of $230,943, they are 14 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 14 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $124 / sq.feet. "House" with an average cost of $124 / sq.feet has the lowest price and would be directed at less affluent cities.