The prices in real estate in Marsing, 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 Marsing has increased strongly during the last 6 months. In November, the average price per sq.feet was $264. In December this price pretty much remained the same at a value of $257 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $260.5 to $252 per sq.feet. The price per sq.feet has had a considerable increase of 526 % 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 $256.25 to $1,349 during March, and April.
Based upon to the price in Marsing (cities), these have remained the same in the last 6 months. The average price for November is $582,142. During December the price had a slight fall till $540,251. In the following two months the average price has remained the same with regard to the previous two months from $561,196.5 to $547,370. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % 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 $659,987 they are 73 % more affordable than the average price for Marsing. The properties with the lowest average price have 2 bedrooms, Their price is 49 % cheaper than the average. After that we have properties with 1 bedroom priced at $176,248.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $92 / sq.feet, with an average $312 / sq.feet price in Marsing. The properties with the highest average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $92 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $659,987 it is 49 % cheaper than the average price in Marsing. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $336,260 it is 49 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $92 / sq.feet followed by "Farm" priced at $119 / sq.feet. "Farm" is the cheapest type of property with a $119 / sq.feet value followed by "House" with an average price of $92 / sq.feet.