Property prices for sale in Rigby (Idaho)
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 March, the average price per sq.feet was $2,630. In April this price pretty much remained the same at a value of $2,507 per sq.feet. The price for the following two months in (May, June) decreased 87 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 9 % 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 $2,399.25 to $213 during July, and August.
Based upon to the price in Rigby (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $362,651. During April the price went through a considerable rise reaching $542,147. During the following two months (May, June) the average price had a considerable increase of 130 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $588,786 they are 56 % more affordable than the average price for Rigby. The properties with the lowest average price have 4 bedrooms, Their price is 20 % cheaper than the average. After that we have properties with 1 bedroom priced at $294,571.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $79 / sq.feet, with an average $207 / sq.feet price in Rigby. The properties with the lowest average prices have 1 bedroom. They are 22 % cheaper than the average followed by properties with 4 bedrooms with a price at $98 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $588,786 it is 67 % 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 $194,090 it is 54 % 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 $22 / sq.feet followed by "House" priced at $31 / sq.feet. "House" is the cheapest type of property with a $31 / sq.feet value followed by "Office" with an average price of $22 / sq.feet.
