The prices in real estate in Stevensville, 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 Stevensville has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $20,863. In the following month the price per sq.feet decreased considerably to $4,882. The price for the following two months in (December, January) had a considerable decrease of 68 with regard to the prior two months. 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 $10,813.25 to $28,336.5 during February, and March.
Based upon to the price in Stevensville (cities), this has gone downing the last 6 months. The price in October is $769,767, rising in November till $812,336. During the following two months (December, January) the average price fell 94 % 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 $767,180 to $638,903.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $581,722 they are 1 % more affordable than the average price for Stevensville. The properties with the highest average price have 4 bedrooms, Their price is 127 % more costly than the average. After that we have properties with 3 bedrooms priced at $860,684.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $335 / sq.feet, with an average $27,772 / sq.feet price in Stevensville. The properties with the lowest average prices have 1 bedroom. They are 97 % cheaper than the average followed by properties with 3 bedrooms with a price at $453 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $581,722 it is 45 % cheaper than the average price in Stevensville. "Farm" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $792,241 it is 243 % 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 $103 / sq.feet followed by "House" priced at $405 / sq.feet. "Land" is the most costly type of property with a $93,097 / sq.feet cost followed by "Detached House" with an average price of $620 / sq.feet.