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 $138. In November this price pretty much remained the same at a value of $139 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 1502 %. The price per sq.feet has had a considerable increase of 262 % 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 $1,109.25 to $2,904 during February, and March.
Based upon to the price in Shepherd (cities), this has gone up considerably in the last 6 months. The price in October is $294,368, rising in November till $319,625. During the following two months (December, January) the average price had a considerable increase of 1169 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,948,505.75 to $1,281,539.5, which means a 66 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 1 % more costly than the average price of $348,978 in Shepherd. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 1 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 31 % cheaper than the average price of ($125 / 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 31 % 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 $345,175 it is 48 % 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 $179,346 it is 1 % 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 $100 / sq.feet followed by "House" priced at $125 / sq.feet. "House" is the cheapest type of property with a $125 / sq.feet value followed by "Apartment" with an average price of $100 / sq.feet.