The prices in real estate in Stevensville, 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 Stevensville has increased strongly during the last 6 months. In October, the average price per sq.feet was $218. In the following month the price per sq.feet increased considerably to $424. The price for the following two months in (December, January) had a considerable decrease of 78 with regard to the prior two months. The price per sq.feet has had a considerable increase of 3899 % 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 $285.5 to $11,131 during February, and March.
Based upon to the price in Stevensville (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $804,347. During November the price went through a considerable rise reaching $1,462,900. During the following two months (December, January) the average price had a considerable reduction of 68 % 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 $950,589.25 to $622,913.5, which means a 66 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $653,344 they are 67 % more affordable than the average price for Stevensville. The properties with the highest average price have 2 bedrooms, Their price is 1 % more costly than the average. After that we have properties with 4 bedrooms priced at $614,901.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $193 / sq.feet, with an average $4,840 / sq.feet price in Stevensville. The properties with the lowest average prices have 1 bedroom. They are 94 % cheaper than the average followed by properties with 4 bedrooms with a price at $248 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $653,344 it is 50 % cheaper than the average price in Stevensville. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $415,890 it is 113 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $139 / sq.feet followed by "Land" priced at $146 / sq.feet. "House" is the cheapest type of property with a $413 / sq.feet value followed by "Duplex" with an average price of $158 / sq.feet.