Property prices for sale in Salmon (Idaho)
The prices in real estate in Salmon, 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 Salmon has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $2,041. In the following month the price per sq.feet decreased considerably to $500. The price for the following two months in (May, June) had a considerable decrease of 54 with regard to the prior two months. The price per sq.feet has had a considerable increase of 256 % 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 $979.5 to $2,508 during July, and August.
Based upon to the price in Salmon (cities), this has gone up considerably in the last 6 months. In our first sample month during March, the average price is $628,819. In April This price remains at $599,131. During the following two months (May, June) the price has had an average incrementation from $613,975 to $701,817. Based on an analysis of the first four prices and the last two months the average price has risen strongly 131 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $889,632 they are 56 % more affordable than the average price for Salmon. The properties with the highest average price have 2 bedrooms, Their price is 221 % more costly than the average. After that we have properties with 3 bedrooms priced at $689,125.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $241 / sq.feet, with an average $2,649 / sq.feet price in Salmon. The properties with the lowest average prices have 2 bedrooms. They are 75 % cheaper than the average followed by properties with 1 bedroom with a price at $550 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $889,632 it is 81 % cheaper than the average price in Salmon. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $165,750 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $364 / sq.feet followed by "Land" priced at $86,432 / sq.feet. "Land" is the most costly type of property with a $86,432 / sq.feet cost followed by "House" with an average price of $364 / sq.feet.
