The prices in real estate in Priest River, 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 Priest River has increased strongly during the last 6 months. In March, the average price per sq.feet was $190. In April this price pretty much remained the same at a value of $194 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $192 to $213 per sq.feet. The price per sq.feet has had a considerable increase of 121 % 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 $202.5 to $244.5 during July, and August.
Based upon to the price in Priest River (cities), this has gone up considerably in the last 6 months. The price in March is $381,281, rising in April till $417,344. During the following two months (May, June) the average price had a considerable increase of 122 % with regard to the previous two months. 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 $443,233.75 and $451,181.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $467,619 they are 43 % more affordable than the average price for Priest River. The properties with the highest average price have 4 bedrooms, Their price is 50 % more costly than the average. After that we have properties with 3 bedrooms priced at $525,222.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $216 / sq.feet, with an average $266 / sq.feet price in Priest River. The properties with the highest average prices have 4 bedrooms. They are 97 % more expensive than the average followed by properties with 3 bedrooms with a price at $351 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $467,619 it is 56 % cheaper than the average price in Priest River. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $207,933 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $232 / sq.feet followed by "House" priced at $268 / sq.feet. "House" is the most costly type of property with a $268 / sq.feet cost followed by "Land" with an average price of $232 / sq.feet.