The prices in real estate in Townsend, 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 Townsend has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $1,122. In the following month the price per sq.feet decreased to $998. The price for the following two months in (June, July) had a considerable decrease of 52 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 44 % 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 $808 to $352.5 during August, and September.
Based upon to the price in Townsend (cities), this has gone downing the last 6 months. In our first sample month during April, the average price is $484,967. In May This price remains at $490,714. During the following two months (June, July) the average price fell 93 % 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 $470,129 to $357,920.5, which means a 76 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 7 % cheaper than the average price of $290,881 in Townsend. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 7 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 62 % more costly than the average price of ($283 / sq.feet) in Townsend. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 62 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Townsend we can see that the cheapest property type is "Land" at a price of $290,881, they are 7 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 7 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Land with an average price of $283 / sq.feet. "Land" at an average price of $283 / sq.feet has the most expensive price and would be directed at more affluent cities.