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 June, the average price per sq.feet was $356. In the following month the price per sq.feet increased considerably to $430. In the following two months the price per sq.feet has increased 112 %, going from $393 to $440 per sq.feet. The price per sq.feet has had a considerable increase of 118 % 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 $416.5 to $490 during October, and November.
Based upon to the price in Priest River (cities), this has gone up in the last 6 months. The price in June is $692,133, rising in July till $768,022. In the following two months the average price has remained the same with regard to the previous two months from $730,077.5 to $756,990.5. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % 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 $855,859 they are 61 % more affordable than the average price for Priest River. The properties with the highest average price have 4 bedrooms, Their price is 55 % more costly than the average. After that we have properties with 3 bedrooms priced at $778,585.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $419 / sq.feet, with an average $480 / sq.feet price in Priest River. The properties with the highest average prices have 4 bedrooms. They are 39 % more expensive than the average followed by properties with 2 bedrooms with a price at $579 / sq.feet.
With regard to the average price based upon the property in Priest River we can see that the cheapest property type is "House" at a price of $813,382, they are 5 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 5 % 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 $420 / sq.feet. "House" with an average cost of $420 / sq.feet has the lowest price and would be directed at less affluent cities.