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 May, the average price per sq.feet was $443. The following month (June) the price had a considerable increase reaching $650 per sq.feet. The following two months (July, August) went through a considerable deflation of 63 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant decrease of 79 %. This has been obtained by comparing the price of $446 for the first four months of the sample with regard to the previous 4 months and the price of $353.5 per sq.feet for the last two months (September, October).
Based upon to the price in Montana (region), this has decreased in the last 6 months. In the first month sample for May the average price is $476,150. During June it went through a strong inflation reaching $616,426 In the following two months the average price has decreased 77 % compared to the previous two. During the last two months the price has had a considerable reduction of 74 % with respect to the previous four months going from $483,370 a $358,711.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 62 % more affordable than the average price in Montana followed by those with 2 with an average price of $256,983. The most costly properties have 4 bedrooms. They are 60 % more expensive than the average followed by those properties with 3 bedrooms priced at $357,702.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $125 / sq.feet being $200 / sq.feet the average value within the Montana region. The properties with the most expensive average price are those with 4 bedrooms. These are 2 % more costly than the average followed by those with 3 bedrooms with a price of $159 / sq.feet.
The graph displaying the average price according to the property type shows "Condo" as the cheapest one. With an average cost of $375,014 it is 36 % more affordable than the average in Montana. This is followed by "Land" with a price of $304,773. The dearest property type is "Commercial" and is 54 % more expensive than the average, followed by "House" with a cost of $396,715.
Based on the average cost per sq.feet the cheapest property type is "Condo with a an average cost of $150 / sq.feet, followed by "House" with a price of $172 / sq.feet. "Commercial" with an average price of $3,359 / sq.feet is the most costly type of property followed by "Land" at a price of $479 / sq.feet.