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 July, the average price per sq.feet was $1,220. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (September, October) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 77 % 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 $305 to $234 during November, and December.
Based upon to the price in Thompson Falls (cities), this has fallen considerably in the last 6 months. The average price for July is $996,333. During August the price had a considerable reduction till . During the following two months (September, October) the average price had a considerable reduction of 0 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 285 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $649,225 they are 77 % more affordable than the average price for Thompson Falls. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $347,816.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $152 / sq.feet, with an average $249 / sq.feet price in Thompson Falls. The properties with the highest average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 4 bedrooms with a price at $174 / sq.feet.
With regard to the average price based upon the property in Thompson Falls we can see that the cheapest property type is "House" at a price of $505,076, they are 22 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 22 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $141 / sq.feet. "House" with an average cost of $141 / sq.feet has the lowest price and would be directed at less affluent cities.