The prices in real estate in Rathdrum, 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 Rathdrum has increased strongly during the last 6 months. In April, the average price per sq.feet was $309. In May this price pretty much remained the same at a value of $318 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 736 %. The price per sq.feet has had a considerable deflation of 26 % 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 $1,310.25 to $339.5 during August, and September.
Based upon to the price in Rathdrum (cities), this has gone up considerably in the last 6 months. The price in April is $651,477, rising in May till $710,061. During the following two months (June, July) the average price had a considerable increase of 590 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $2,349,121.75 to $622,961, which means a 27 % fall.