The prices in real estate in Hailey, 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 Hailey has increased strongly during the last 6 months. In January, the average price per sq.feet was $1,834. In the following month the price per sq.feet decreased to $1,642. The price for the following two months in (March, April) had a considerable increment of 119 %. The price per sq.feet has had a considerable increase of 131 % 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 $1,904 to $2,499 during May, and June.
Based upon to the price in Hailey (cities), this has gone downing the last 6 months. The average price for January is $873,915. During February the price had a considerable reduction till $627,358. During the following two months (March, April) the average price fell 86 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 135 % 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 $1,038,959 they are 79 % more affordable than the average price for Hailey. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at $486,557.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $258 / sq.feet, with an average $2,011 / sq.feet price in Hailey. The properties with the lowest average prices have 1 bedroom. They are 55 % cheaper than the average followed by properties with 4 bedrooms with a price at $311 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,038,959 it is 80 % cheaper than the average price in Hailey. "Land" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "Condo". At a price of $208,737 it is 30 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $377 / sq.feet followed by "Condo" priced at $2,022 / sq.feet. "Condo" is the most costly type of property with a $2,022 / sq.feet cost followed by "Land" with an average price of $377 / sq.feet.