The prices in real estate in Kimberly, 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 Kimberly has increased strongly during the last 6 months. In March, the average price per sq.feet was $153. In April this price pretty much remained the same at a value of $147 per sq.feet. The price for the following two months in (May, June) had a considerable increment of 129 %. The price per sq.feet has increased 105 % 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 $171.5 to $180.5 during July, and August.
Based upon to the price in Kimberly (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $433,781. During April the price went through a considerable rise reaching $566,100. During the following two months (May, June) the average price had a considerable increase of 168 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $670,245.25 to $493,425, which means a 74 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 37 % cheaper than the average price of $271,212 in Kimberly. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 37 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 30 % cheaper than the average price of ($146 / sq.feet) in Kimberly. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 30 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $427,150 it is 37 % cheaper than the average price in Kimberly. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "Land". At a price of $271,212 it is 24 % 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 $117 / sq.feet followed by "Land" priced at $146 / sq.feet. "Land" is the cheapest type of property with a $146 / sq.feet value followed by "Commercial" with an average price of $117 / sq.feet.