The prices in real estate in Sheridan, in the Wyoming 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 Sheridan has increased strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $174. The price for the following two months in (December, January) had a considerable increment of 270 %. The price per sq.feet has had a considerable increase of 143 % 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 $161 to $230.5 during February, and March.
Based upon to the price in Sheridan (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $390,246. During the following two months (December, January) the average price had a considerable increase of 168 % 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 displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $339,559 they are 44 % more affordable than the average price for Sheridan. The properties with the highest average price have 1 bedroom, Their price is 647 % more costly than the average. After that we have properties with 4 bedrooms priced at $357,521.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $131 / sq.feet, with an average $288 / sq.feet price in Sheridan. The properties with the highest average prices have 1 bedroom. They are 973 % more expensive than the average followed by properties with 3 bedrooms with a price at $171 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $339,559 it is 9 % cheaper than the average price in Sheridan. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $310,387 it is 29 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $173 / sq.feet followed by "Land" priced at $282 / sq.feet. "Land" is the cheapest type of property with a $282 / sq.feet value followed by "House" with an average price of $173 / sq.feet.