The prices in real estate in Rigby, 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 Rigby has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $236. In the following month the price per sq.feet decreased considerably to $109. The price for the following two months in (September, October) had a considerable decrease of 72 with regard to the prior two months. The price per sq.feet has decreased 85 % 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 $148.25 to $126.5 during November, and December.
Based upon to the price in Rigby (cities), these have remained the same in the last 6 months. The average price for July is $353,130. During August the price had a slight fall till $331,341. In the following two months the average price has remained the same with regard to the previous two months from $342,235.5 to $356,445. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 24 % cheaper than the average price of $289,518 in Rigby. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 24 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 28 % cheaper than the average price of ($87 / sq.feet) in Rigby. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 28 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $383,171 it is 46 % cheaper than the average price in Rigby. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Office". At a price of $205,307 it is 24 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $78 / sq.feet followed by "House" priced at $87 / sq.feet. "House" is the cheapest type of property with a $87 / sq.feet value followed by "Office" with an average price of $78 / sq.feet.