Property prices for sale in Salmon (Idaho)
The prices in real estate in Salmon, 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 Salmon has increased strongly during the last 6 months. In July, the average price per sq.feet was $257. In the following month the price per sq.feet increased considerably to $2,226. The price for the following two months in (September, October) had a considerable decrease of 19 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 26 % 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 $741 to $190 during November, and December.
Based upon to the price in Salmon (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $444,500. During August the price went through a considerable rise reaching $2,257,047. During the following two months (September, October) the average price had a considerable reduction of 33 % 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 $899,882.25 to $291,558.5, which means a 32 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $262,837 they are 22 % more affordable than the average price for Salmon. The properties with the highest average price have 2 bedrooms, Their price is 775 % more costly than the average. After that we have properties with 3 bedrooms priced at $859,039.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $124 / sq.feet, with an average $180 / sq.feet price in Salmon. The properties with the highest average prices have 2 bedrooms. They are 1123 % more expensive than the average followed by properties with 3 bedrooms with a price at $526 / sq.feet.
With regard to the average price based upon the property in Salmon we can see that the cheapest property type is "House" at a price of $220,024, they are 16 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 16 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $182 / sq.feet. "House" at an average price of $182 / sq.feet has the most expensive price and would be directed at more affluent cities.
