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 July, the average price per sq.feet was $223. In the following month the price per sq.feet increased considerably to $266. In the following two months the price per sq.feet has barely changed, going from $244.5 to $247 per sq.feet. The price per sq.feet has increased 113 % 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 $245.75 to $277.5 during November, and December.
Based upon to the price in Priest River (cities), this has gone up in the last 6 months. The price in July is $434,744, rising in August till $467,619. In the following two months the average price has remained the same with regard to the previous two months from $451,181.5 to $439,113.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % 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 $499,869 they are 38 % more affordable than the average price for Priest River. The properties with the highest average price have 2 bedrooms, Their price is 200 % more costly than the average. After that we have properties with 4 bedrooms priced at $668,444.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $243 / sq.feet, with an average $280 / sq.feet price in Priest River. The properties with the highest average prices have 2 bedrooms. They are 396 % more expensive than the average followed by properties with 1 bedroom with a price at $618 / sq.feet.
With regard to the average price based upon the property in Priest River we can see that most expensive property type is "House" at a price of $540,450, they are 8 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 8 % more expensive 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 $280 / sq.feet. "House" with an average cost of $280 / sq.feet has the lowest price and would be directed at less affluent cities.