The prices in real estate in Rupert, 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 Rupert has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $459. In the following month the price per sq.feet decreased considerably to $92. The price for the following two months in (September, October) had a considerable decrease of 38 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 79 % 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 $190.25 to $150 during November, and December.
Based upon to the price in Rupert (cities), this has gone up considerably in the last 6 months. In our first sample month during July, the average price is $157,023. In August This price remains at $158,230. During the following two months (September, October) the average price had a considerable increase of 122 % 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 190 % 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 37 % cheaper than the average price of $193,678 in Rupert. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 37 % 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 ($101 / sq.feet) in Rupert. 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.
With regard to the average price based upon the property in Rupert we can see that the cheapest property type is "Land" at a price of $193,678, they are 37 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 37 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Land with an average price of $101 / sq.feet. "Land" with an average cost of $101 / sq.feet has the lowest price and would be directed at less affluent cities.