The prices in real estate in Mackay, 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 Mackay has increased strongly during the last 6 months. In November, the average price per sq.feet was $616. In the following month the price per sq.feet increased considerably to $8,781. The price for the following two months in (January, February) had a considerable decrease of 29 with regard to the prior two months. The price per sq.feet has had a considerable increase of 185 % 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 $3,026.75 to $5,587.5 during March, and April.
Based upon to the price in Mackay (cities), this has fallen considerably in the last 6 months. The average price for November is $623,500. During December the price had a considerable reduction till $511,753. During the following two months (January, February) the price has had an average incrementation from $567,626.5 to $603,482. During the last two months the average price has had a strong fall compared to the previous four going from $585,554.25 to $396,405.5, which means a 68 % fall.