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 February, the average price per sq.feet was $354. In the following month the price per sq.feet decreased considerably to $140. The price for the following two months in (April, May) had a considerable decrease of 58 with regard to the prior two months. The price per sq.feet has had a considerable increase of 151 % 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 $195 to $295 during June, and July.
Based upon to the price in Townsend (cities), this has gone up in the last 6 months. In our first sample month during February, the average price is $301,888. In March This price remains at $307,058. During the following two months (April, May) the price has had an average incrementation from $304,473 to $331,731. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $318,102 and $319,222.5 between June and July.
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 $294,991 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 31 % cheaper than the average price of ($297 / sq.feet) in Townsend. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 31 % cheaper 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 $294,991, 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 cost by sq.feet the cheapest property type is "Land with an average price of $297 / sq.feet. "Land" with an average cost of $297 / sq.feet has the lowest price and would be directed at less affluent cities.