The prices in real estate in Sagle, in the Idaho region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Sagle has increased strongly during the last 6 months. In March, the average price per sq.feet was $277. In April this price pretty much remained the same at a value of $284 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $280.5 to $293 per sq.feet. The price per sq.feet has had a considerable increase of 178 % 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 $286.75 to $511.5 during July, and August.
Based upon to the price in Sagle (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $711,388. In April This price remains at $706,595. During the following two months (May, June) the average price had a considerable increase of 116 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $764,251.25 to $646,480.5, which means a 85 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $641,834 they are 35 % more affordable than the average price for Sagle. The properties with the highest average price have 1 bedroom, Their price is 102 % more costly than the average. After that we have properties with 4 bedrooms priced at $799,453.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $452 / sq.feet, with an average $770 / sq.feet price in Sagle. The properties with the highest average prices have 1 bedroom. They are 144 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,795 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $641,834 it is 50 % cheaper than the average price in Sagle. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $552,377 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $418 / sq.feet followed by "House" priced at $585 / sq.feet. "Land" is the most costly type of property with a $1,910 / sq.feet cost followed by "House" with an average price of $585 / sq.feet.