Property prices for sale in Rexburg (Idaho)
The prices in real estate in Rexburg, 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 Rexburg has increased strongly during the last 6 months. In October, the average price per sq.feet was $232. In the following month the price per sq.feet increased considerably to $1,255. The price for the following two months in (December, January) had a considerable increment of 275 %. The price per sq.feet has had a considerable increase of 162 % 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 $1,393.75 to $2,261 during February, and March.
Based upon to the price in Rexburg (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $397,875. In November This price remains at $398,792. During the following two months (December, January) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $370,335 to $328,386 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $363,867 they are 44 % more affordable than the average price for Rexburg. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at $386,187.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $238 / sq.feet, with an average $3,298 / sq.feet price in Rexburg. The properties with the lowest average prices have 4 bedrooms. They are 68 % cheaper than the average followed by properties with 1 bedroom with a price at $491 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $363,867 it is 46 % cheaper than the average price in Rexburg. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $464,868 it is 35 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $30 / sq.feet followed by "Detached House" priced at $223 / sq.feet. "Land" is the most costly type of property with a $40,896 / sq.feet cost followed by "House" with an average price of $2,615 / sq.feet.
