The prices in real estate in Orofino, 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 Orofino has increased strongly during the last 6 months. In October, the average price per sq.feet was $232. In November this price pretty much remained the same at a value of $234 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 134 %. The price per sq.feet has had a considerable increase of 210 % 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 $272.25 to $570.5 during February, and March.
Based upon to the price in Orofino (cities), this has gone up in the last 6 months. The price in October is $434,181, rising in November till $472,462. During the following two months (December, January) the price has had an average incrementation from $453,321.5 to $494,030.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $473,676 and $487,443 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $514,442 they are 23 % more affordable than the average price for Orofino. The properties with the highest average price have 1 bedroom, Their price is 91 % more costly than the average. After that we have properties with 2 bedrooms priced at $569,200.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $144 / sq.feet, with an average $880 / sq.feet price in Orofino. The properties with the lowest average prices have 1 bedroom. They are 33 % cheaper than the average followed by properties with 2 bedrooms with a price at $383 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $514,442 it is 2 % cheaper than the average price in Orofino. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $502,703 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $258 / sq.feet followed by "Land" priced at $9,855 / sq.feet. "Land" is the most costly type of property with a $9,855 / sq.feet cost followed by "House" with an average price of $258 / sq.feet.