The prices in real estate in Shepherd, 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 Shepherd has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,241. In the following month the price per sq.feet increased considerably to $3,024. The price for the following two months in (December, January) had a considerable decrease of 21 with regard to the prior two months. The price per sq.feet has had a considerable increase of 693 % 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 $1,597.25 to $11,074.5 during February, and March.
Based upon to the price in Shepherd (cities), this has gone up in the last 6 months. The price in October is $538,574, rising in November till $601,797. During the following two months (December, January) the price has had an average incrementation from $570,185.5 to $604,106.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 49 % cheaper than the average price of $336,952 in Shepherd. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 49 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 99 % cheaper than the average price of ($90 / sq.feet) in Shepherd. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 99 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $656,665 it is 74 % cheaper than the average price in Shepherd. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $173,157 it is 49 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $65 / sq.feet followed by "House" priced at $90 / sq.feet. "House" is the cheapest type of property with a $90 / sq.feet value followed by "Apartment" with an average price of $65 / sq.feet.