The prices in real estate in Island Park, 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 Island Park has increased strongly during the last 6 months. In January, the average price per sq.feet was $270. In the following month the price per sq.feet increased considerably to $324. The price for the following two months in (March, April) had a considerable increment of 121 %. The price per sq.feet has had a considerable increase of 122 % 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 $328.25 to $400.5 during May, and June.
Based upon to the price in Island Park (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $809,339. During February the price went through a considerable rise reaching $1,026,970. During the following two months (March, April) the average price had a considerable increase of 126 % 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 gone up 113 % during the last two months.