The prices in real estate in Sandpoint, 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 Sandpoint has increased strongly during the last 6 months. In March, the average price per sq.feet was $501. In the following month the price per sq.feet decreased considerably to $411. The price for the following two months in (May, June) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 1206 % 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 $443 to $5,343 during July, and August.
Based upon to the price in Sandpoint (cities), this has gone up considerably in the last 6 months. In our first sample month during March, the average price is $680,331. In April This price remains at $706,177. During the following two months (May, June) the price has had an average incrementation from $693,254 to $728,762.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 680 % 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 $1,513,652 they are 76 % more affordable than the average price for Sandpoint. The properties with the lowest average price have 4 bedrooms, Their price is 42 % cheaper than the average. After that we have properties with 3 bedrooms priced at $762,491.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $328 / sq.feet, with an average $4,172 / sq.feet price in Sandpoint. The properties with the lowest average prices have 1 bedroom. They are 85 % cheaper than the average followed by properties with 2 bedrooms with a price at $488 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,513,652 it is 70 % cheaper than the average price in Sandpoint. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $973,180 it is 1273 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $307 / sq.feet followed by "House" priced at $466 / sq.feet. "Condo" is the most costly type of property with a $22,446 / sq.feet cost followed by "House" with an average price of $466 / sq.feet.