The prices in real estate in Bonners Ferry, 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 Bonners Ferry has increased strongly during the last 6 months. In March, the average price per sq.feet was $266. In April this price pretty much remained the same at a value of $275 per sq.feet. The price for the following two months in (May, June) had a considerable increment of 124 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $303.25 to $309.5 during July y August
Based upon to the price in Bonners Ferry (cities), this has gone up considerably in the last 6 months. The price in March is $601,800, rising in April till $647,151. During the following two months (May, June) the average price had a considerable increase of 137 % with regard to the previous two months. 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 $739,260.75 and $707,110.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $682,140 they are 18 % more affordable than the average price for Bonners Ferry. The properties with the highest average price have 1 bedroom, Their price is 17 % more costly than the average. After that we have properties with 4 bedrooms priced at $770,141.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $265 / sq.feet, with an average $314 / sq.feet price in Bonners Ferry. The properties with the highest average prices have 1 bedroom. They are 242 % more expensive than the average followed by properties with 2 bedrooms with a price at $411 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $682,140 it is 16 % cheaper than the average price in Bonners Ferry. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $641,113 it is 99 % 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 $201 / sq.feet followed by "House" priced at $297 / sq.feet. "Land" is the most costly type of property with a $19,445 / sq.feet cost followed by "House" with an average price of $297 / sq.feet.