The prices in real estate in Riggins, 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 Riggins has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $6,142. In the following month the price per sq.feet decreased considerably to $1,297. In the following two months the price per sq.feet has increased 107 %, going from $3,719.5 to $3,997.5 per sq.feet. The price per sq.feet has had a considerable increase of 124 % 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 $3,858.5 to $4,773 during October, and November.
Based upon to the price in Riggins (cities), this has gone up considerably in the last 6 months. The average price for June is $1,105,732. During July the price had a considerable reduction till $895,905. During the following two months (August, September) the average price had a considerable increase of 161 % 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 171 % 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 25 % cheaper than the average price of $1,815,557 in Riggins. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 25 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 52 % cheaper than the average price of ($3,567 / sq.feet) in Riggins. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 52 % cheaper than the average value aforementioned.