The prices in real estate in Thermopolis, in the Wyoming 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 Thermopolis has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $5,754. In the following month the price per sq.feet increased considerably to $16,109. The price for the following two months in (January, February) had a considerable decrease of 1 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 3 % 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 $5,531.5 to $142.5 during March, and April.
Based upon to the price in Thermopolis (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $10,442,616. During December the price went through a considerable rise reaching $17,530,800. During the following two months (January, February) the average price had a considerable reduction of 3 % 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 $7,180,994 to $337,954, which means a 5 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $374,863 they are 79 % more affordable than the average price for Thermopolis. The properties with the highest average price have 2 bedrooms, Their price is 171 % more costly than the average. After that we have properties with 4 bedrooms priced at $331,322.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $81 / sq.feet, with an average $137 / sq.feet price in Thermopolis. The properties with the highest average prices have 2 bedrooms. They are 604 % more expensive than the average followed by properties with 4 bedrooms with a price at $88 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $374,863 it is 93 % cheaper than the average price in Thermopolis. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $24,825 it is 44 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $79 / sq.feet followed by "Land" priced at $178 / sq.feet. "Land" is the most costly type of property with a $178 / sq.feet cost followed by "House" with an average price of $79 / sq.feet.