Property prices for sale in Priest River (Idaho)
The prices in real estate in Priest River, in the Idaho region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Priest River has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $13,016. In the following month the price per sq.feet decreased considerably to $4,351. The price for the following two months in (May, June) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 49 % 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 $7,991.5 to $3,882.5 during July, and August.
Based upon to the price in Priest River (cities), this has gone up in the last 6 months. The average price during our first sample month during March, is $646,992. During April the price went through a considerable rise reaching $755,011. In the following two months the average price has remained the same with regard to the previous two months from $701,001.5 to $700,513. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $734,347 they are 14 % more affordable than the average price for Priest River. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $829,059.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $353 / sq.feet, with an average $3,797 / sq.feet price in Priest River. The properties with the lowest average prices have 1 bedroom. They are 69 % cheaper than the average followed by properties with 2 bedrooms with a price at $592 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $734,347 it is 53 % 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 $347,983 it is 11 % 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 $425 / sq.feet followed by "Land" priced at $94,447 / sq.feet. "Land" is the most costly type of property with a $94,447 / sq.feet cost followed by "House" with an average price of $425 / sq.feet.
