The average price in the Montana region has had a slight decrease in recent months. There has been a deflation in the prices in this region.
The price per sq.feet in Montana has risen in the last 6 months. During October, the average price per sq.feet was $200. The following month (November) the price had a considerable deflation reaching $164 per sq.feet. The following two months (December, January) there has been a deflation of 93 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has increased 110 %. This has been obtained by comparing the price $175.25 for the first four months of the sample with regard to the previous 4 months and the price $193 per sq.feet for the last two months (February, March).
Based upon to the price in Montana(region), this has increased in the last 6 months. In the first month sample October the average price is $375,014. In November the price was the same at $388,645. The average price for the following two months (December, January) increased from $381,829.5 to $417,323.5. During the last two months the price has had a considerable increase of 116 % with respect to the previous four months going from $399,576.5 a $464,619.
The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 48 % more affordable than the average price in Montana followed by those with 1 with an average price of $212,590. The most costly properties have 4 bedrooms. They are 23 % more expensive than the average followed by those properties with 3 bedrooms priced at $288,182.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $162 / sq.feet being $175 / sq.feet the average value within the Montana region. The properties with the most expensive average price are those with 1 bedroom. These are 39 % more costly than the average followed by those with 4 bedrooms with a price of $166 / sq.feet.
The graph displaying the average price according to the property type shows "Farm" as the cheapest one. With an average cost of $381,492 it is 1 % more affordable than the average in Montana. This is followed by "Office" with a price of $379,685. The dearest property type is "Detached House" and is 179 % more expensive than the average, followed by "Condo" with a cost of $914,669.
Based on the average cost per sq.feet the most costly property type is "House with a an average price of $265 / sq.feet, followed by "Farm" with a price of $388 / sq.feet. "Land" with an average price of $53,199 / sq.feet is the most costly type of property followed by "Detached House" at a price of $4,090 / sq.feet.