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 March, the average price per sq.feet was $222. In the following month the price per sq.feet decreased to $207. The price for the following two months in (May, June) had a considerable increment of 155 %. The price per sq.feet has increased 112 % 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 $273 to $306 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 $391,657. In April This price remains at $397,222. During the following two months (May, June) the average price had a considerable increase of 131 % 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 gone up 107 % during the last two months.