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 November, the average price per sq.feet was $339. In the following month the price per sq.feet increased considerably to $565. The price for the following two months in (January, February) decreased 93 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 291 % 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 $436.5 to $1,270.5 during March, and April.
Based upon to the price in Salmon (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $631,388. In December This price remains at $636,712. During the following two months (January, February) the average price had a considerable increase of 141 % 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 $765,046.25 to $613,975, which means a 80 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $599,131 they are 28 % more affordable than the average price for Salmon. The properties with the highest average price have 4 bedrooms, Their price is 69 % more costly than the average. After that we have properties with 1 bedroom priced at $641,333.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $279 / sq.feet, with an average $500 / sq.feet price in Salmon. The properties with the highest average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at $360 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $599,131 it is 48 % 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 $313,000 it is 6 % 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 $316 / sq.feet followed by "Land" priced at $87,981 / sq.feet. "Land" is the most costly type of property with a $87,981 / sq.feet cost followed by "House" with an average price of $316 / sq.feet.
