The prices in real estate in Shepherd, 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 Shepherd has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $168. In the following month the price per sq.feet increased to $185. The price for the following two months in (May, June) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable increase of 155 % 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 $88.25 to $136.5 during July, and August.
Based upon to the price in Shepherd (cities), this has fallen considerably in the last 6 months. The price in March is $286,650, rising in April till $301,980. During the following two months (May, June) the average price had a considerable reduction of 0 % 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 197 % 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 16 % more costly than the average price of $351,435 in Shepherd. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 16 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 1 % cheaper than the average price of ($132 / 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 1 % 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 $302,429 it is 40 % cheaper than the average price in Shepherd. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $180,610 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $107 / sq.feet followed by "House" priced at $132 / sq.feet. "House" is the cheapest type of property with a $132 / sq.feet value followed by "Apartment" with an average price of $107 / sq.feet.