The prices in real estate in Idaho Falls, in the Idaho region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Idaho Falls has increased during the last 6 months. In April, the average price per sq.feet was $2,092. In the following month the price per sq.feet increased considerably to $3,205. The price for the following two months in (June, July) had a considerable increment of 117 %. The price per sq.feet has had a considerable deflation of 32 % 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 $2,877.75 to $907.5 during August, and September.
Based upon to the price in Idaho Falls (cities), this has gone up considerably in the last 6 months. The average price for April is $278,544. During May the price had a slight fall till $263,154. During the following two months (June, July) the average price had a considerable increase of 119 % 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 137 % 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 $310,031 they are 49 % more affordable than the average price for Idaho Falls. The properties with the lowest average price have 3 bedrooms, Their price is 3 % cheaper than the average. After that we have properties with 4 bedrooms priced at $284,399.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $122 / sq.feet, with an average $307 / sq.feet price in Idaho Falls. The properties with the highest average prices have 3 bedrooms. They are 0 % more expensive than the average followed by properties with 4 bedrooms with a price at $257 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $310,031 it is 53 % cheaper than the average price in Idaho Falls. "House" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Commercial". At a price of $298,871 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $114 / sq.feet followed by "Condo" priced at $124 / sq.feet. "Land" is the most costly type of property with a $473 / sq.feet cost followed by "House" with an average price of $301 / sq.feet.