The prices in real estate in Coeur D Alene, 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 Coeur D Alene has increased strongly during the last 6 months. In February, the average price per sq.feet was $218. In the following month the price per sq.feet increased considerably to $310. In the following two months the price per sq.feet has increased 111 %, going from $264 to $293.5 per sq.feet. The price per sq.feet has increased 115 % 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 $278.75 to $320 during June, and July.
Based upon to the price in Coeur D Alene (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $568,297. During March the price went through a considerable rise reaching $793,355. During the following two months (April, May) the price has had an average incrementation from $680,826 to $746,424.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % 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 $653,331 they are 46 % more affordable than the average price for Coeur D Alene. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at $595,711.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $243 / sq.feet, with an average $280 / sq.feet price in Coeur D Alene. The properties with the highest average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 4 bedrooms with a price at $286 / sq.feet.
The graph displaying the average prices displays the property type "Garage" as the most affordable one. At an cost of $653,331 it is 20 % cheaper than the average price in Coeur D Alene. "Land" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $800,919 it is 39 % 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 $254 / sq.feet followed by "House" priced at $301 / sq.feet. "Land" is the most costly type of property with a $1,423 / sq.feet cost followed by "Condo" with an average price of $412 / sq.feet.