Property prices for sale in Idaho Falls (Idaho)
The prices in real estate in Idaho Falls, 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 Idaho Falls has increased strongly during the last 6 months. In October, the average price per sq.feet was $165. In November this price pretty much remained the same at a value of $169 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 1018 %. The price per sq.feet has had a considerable deflation of 68 % 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 $933.5 to $633 during February, and March.
Based upon to the price in Idaho Falls (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $483,795. In November This price remains at $463,961. During the following two months (December, January) the average price fell 93 % 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 118 % 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 $561,512 they are 94 % more affordable than the average price for Idaho Falls. The properties with the lowest average price have 4 bedrooms, Their price is 28 % cheaper than the average. After that we have properties with 3 bedrooms priced at $391,473.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $128 / sq.feet, with an average $1,086 / sq.feet price in Idaho Falls. The properties with the lowest average prices have 2 bedrooms. They are 78 % cheaper than the average followed by properties with 3 bedrooms with a price at $200 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $561,512 it is 56 % cheaper than the average price in Idaho Falls. "Land" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $298,273 it is 6 % 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 $72 / sq.feet followed by "Townhouse" priced at $77 / sq.feet. "Apartment" is the cheapest type of property with a $197 / sq.feet value followed by "House" with an average price of $174 / sq.feet.
