The prices in real estate in Trout Creek, 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 Trout Creek has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $1,203. 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 25 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 45 % 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 $376.25 to $167.5 during November, and December.
Based upon to the price in Trout Creek (cities), this has fallen considerably in the last 6 months. The average price for July is $2,033,000. During August the price had a considerable reduction till . During the following two months (September, October) the average price had a considerable reduction of 42 % 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 $719,408.25 to $350,333.5, which means a 49 % fall.