The prices in real estate in Driggs, in the Wyoming 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 Driggs has increased strongly during the last 6 months. In January, the average price per sq.feet was $846. In the following month the price per sq.feet increased to $952. In the following two months the price per sq.feet has increased 106 %, going from $899 to $949.5 per sq.feet. The price per sq.feet has had a considerable increase of 132 % 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 $924.25 to $1,223 during May, and June.
Based upon to the price in Driggs (cities), this has fallen considerably in the last 6 months. The average price for January is $350,298. During February the price had a slight fall till $302,412. During the following two months (March, April) the average price fell 88 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $306,074 to $284,200.5 in May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $282,368 they are 24 % more affordable than the average price for Driggs. The properties with the highest average price have 2 bedrooms, Their price is 55 % more costly than the average. After that we have properties with 1 bedroom priced at $215,841.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $201 / sq.feet, with an average $1,245 / sq.feet price in Driggs. The properties with the lowest average prices have 1 bedroom. They are 76 % cheaper than the average followed by properties with 2 bedrooms with a price at $201 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $282,368 it is 55 % more expensive than the average price in Driggs. "Condo" is seen as the second dearest property type. The dearest property type is "Condo" followed by "House". At a price of $437,777 it is 58 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $182 / sq.feet followed by "House" priced at $201 / sq.feet. "House" is the cheapest type of property with a $201 / sq.feet value followed by "Condo" with an average price of $182 / sq.feet.