The prices in real estate in Sula, 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 Sula has increased strongly during the last 6 months. In October, the average price per sq.feet was $336. In the following month the price per sq.feet increased to $367. The price for the following two months in (December, January) had a considerable increment of 983 %. The price per sq.feet has had a considerable increase of 1702 % 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 $1,902.5 to $32,381.5 during February, and March.
Based upon to the price in Sula (cities), this has gone downing the last 6 months. The average price during our first sample month during October, is $1,116,595. During November the price went through a considerable rise reaching $1,293,444. During the following two months (December, January) the average price had a considerable reduction of 83 % 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 $1,100,009.75 to $874,770, which means a 80 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $605,390 they are 48 % more affordable than the average price for Sula. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 96 % more expensive than the average aforementioned.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $249 / sq.feet, with an average $324 / sq.feet price in Sula. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 14 % more costly than the average value aforementioned.