The prices in real estate in Fruitland, in the Idaho region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Fruitland has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $1,120. In the following month the price per sq.feet decreased considerably to $250. The price for the following two months in (May, June) had a considerable increment of 128 %. The price per sq.feet has had a considerable deflation of 33 % 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 $780 to $255 during July, and August.
Based upon to the price in Fruitland (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $461,845. In April This price remains at $454,866. During the following two months (May, June) the price has had an average incrementation from $458,355.5 to $483,963. 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 $471,159.25 and $449,837 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $482,417 they are 65 % more affordable than the average price for Fruitland. The properties with the lowest average price have 3 bedrooms, Their price is 36 % cheaper than the average. After that we have properties with 2 bedrooms priced at $264,584.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $67 / sq.feet, with an average $256 / sq.feet price in Fruitland. The properties with the lowest average prices have 2 bedrooms. They are 55 % cheaper than the average followed by properties with 3 bedrooms with a price at $100 / sq.feet.
With regard to the average price based upon the property in Fruitland we can see that the cheapest property type is "Land" at a price of $218,105, they are 55 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 55 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Land with an average price of $67 / sq.feet. "Land" with an average cost of $67 / sq.feet has the lowest price and would be directed at less affluent cities.