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 $1,278. In the following month the price per sq.feet decreased considerably to $868. The price for the following two months in (September, October) had a considerable decrease of 12 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 28 % 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 $601.25 to $165.5 during November, and December.
Based upon to the price in Rigby (cities), this has gone up considerably in the last 6 months. The average price for July is $252,214. During August the price had a slight fall till $215,142. During the following two months (September, October) the average price had a considerable increase of 137 % 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 risen strongly 152 % 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 $502,465 they are 46 % more affordable than the average price for Rigby. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 1 bedroom priced at $307,851.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $123 / sq.feet, with an average $199 / sq.feet price in Rigby. The properties with the highest average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 4 bedrooms with a price at $142 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $502,465 it is 60 % 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 $202,850 it is 43 % 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 $66 / sq.feet followed by "House" priced at $75 / sq.feet. "House" is the cheapest type of property with a $75 / sq.feet value followed by "Office" with an average price of $66 / sq.feet.