Property prices for sale in Thompson Falls (Montana)
The prices in real estate in Thompson Falls, 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 Thompson Falls has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $5,812. In the following month the price per sq.feet decreased considerably to $248. In the following two months the price per sq.feet has barely changed, going from $3,030 to $2,902 per sq.feet. The price per sq.feet has had a considerable increase of 216 % 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 $2,966 to $6,414 during March, and April.
Based upon to the price in Thompson Falls (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $518,983. In December This price remains at $509,680. During the following two months (January, February) the average price had a considerable increase of 124 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $577,309.5 to $533,971.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $528,858 they are 7 % more affordable than the average price for Thompson Falls. The properties with the highest average price have 4 bedrooms, Their price is 87 % more costly than the average. After that we have properties with 1 bedroom priced at $545,667.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $234 / sq.feet, with an average $3,218 / sq.feet price in Thompson Falls. The properties with the lowest average prices have 1 bedroom. They are 79 % cheaper than the average followed by properties with 3 bedrooms with a price at $306 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $528,858 it is 55 % cheaper than the average price in Thompson Falls. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $240,625 it is 14 % 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 $279 / sq.feet followed by "Land" priced at $35,690 / sq.feet. "Land" is the most costly type of property with a $35,690 / sq.feet cost followed by "House" with an average price of $279 / sq.feet.
