The prices in real estate in Preston, 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 Preston has increased strongly during the last 6 months. In March, the average price per sq.feet was $2,249. In the following month the price per sq.feet increased considerably to $6,997. The price for the following two months in (May, June) had a considerable decrease of 80 with regard to the prior two months. The price per sq.feet has had a considerable increase of 817 % 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 $4,157.75 to $33,949 during July, and August.
Based upon to the price in Preston (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $431,928. During April the price went through a considerable rise reaching $573,576. During the following two months (May, June) the average price had a considerable increase of 129 % 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 risen strongly 116 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $625,095 they are 56 % more affordable than the average price for Preston. The properties with the highest average price have 4 bedrooms, Their price is 295 % more costly than the average. After that we have properties with 1 bedroom priced at $472,027.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $87 / sq.feet, with an average $35,115 / sq.feet price in Preston. The properties with the lowest average prices have 4 bedrooms. They are 95 % cheaper than the average followed by properties with 1 bedroom with a price at $301 / sq.feet.
With regard to the average price based upon the property in Preston we can see that the cheapest property type is "House" at a price of $350,461, they are 44 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 44 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $131 / sq.feet. "House" with an average cost of $131 / sq.feet has the lowest price and would be directed at less affluent cities.