Property prices for sale in Boise (Idaho)
The prices in real estate in Boise, in the Idaho region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Boise has increased strongly during the last 6 months. In October, the average price per sq.feet was $352. In the following month the price per sq.feet decreased to $327. In the following two months the price per sq.feet has barely changed, going from $339.5 to $344.5 per sq.feet. The price per sq.feet has had a considerable increase of 200 % 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 $342 to $684 during February, and March.
Based upon to the price in Boise (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $650,986. In November This price remains at $628,452. In the following two months the average price has remained the same with regard to the previous two months from $639,719 to $645,406.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $701,540 they are 48 % more affordable than the average price for Boise. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 3 bedrooms priced at $529,266.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $330 / sq.feet, with an average $1,009 / sq.feet price in Boise. The properties with the highest average prices have 4 bedrooms. They are 180 % more expensive than the average followed by properties with 1 bedroom with a price at $516 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $701,540 it is 38 % cheaper than the average price in Boise. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $713,117 it is 60 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $215 / sq.feet followed by "Townhouse" priced at $258 / sq.feet. "Land" is the most costly type of property with a $198,101 / sq.feet cost followed by "House" with an average price of $812 / sq.feet.
