The prices in real estate in Shelby, in the Montana 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 Shelby has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $62. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (April, May) had a considerable increment of 194 %. The price per sq.feet has had a considerable increase of 137 % 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 $45.5 to $62.5 during June, and July.
Based upon to the price in Shelby (cities), this has fallen considerably in the last 6 months. The average price for February is $148,933. During March the price had a considerable reduction till . During the following two months (April, May) the average price had a considerable increase of 203 % 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 131 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 12 % more costly than the average price of $166,706 in Shelby. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 12 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 9 % more costly than the average price of ($60 / sq.feet) in Shelby. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 9 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $148,844 it is 5 % more expensive than the average price in Shelby. "Farm" is seen as the second dearest property type. The dearest property type is "Farm" followed by "House". At a price of $156,758 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Farm" at an average cost of $60 / sq.feet followed by "House" priced at $100 / sq.feet. "House" is the most costly type of property with a $100 / sq.feet cost followed by "Farm" with an average price of $60 / sq.feet.