The prices in real estate in Kootenai, in the Idaho region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Kootenai has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $35,699. In the following month the price per sq.feet increased considerably to $79,910. The price for the following two months in (December, January) had a considerable decrease of 31 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 0 % 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 $37,821 to $144 during February, and March.
Based upon to the price in Kootenai (cities), this has gone downing the last 6 months. The average price during our first sample month during October, is $725,333. During November the price went through a considerable rise reaching $853,250. During the following two months (December, January) the average price had a considerable reduction of 66 % 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 110 % during the last two months.