The prices in real estate in Shelley, in the Idaho region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Shelley has increased during the last 6 months. In January, the average price per sq.feet was $182. In the following month the price per sq.feet increased considerably to $212. In the following two months the price per sq.feet has barely changed, going from $197 to $203.5 per sq.feet. The price per sq.feet has decreased 90 % 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 $200.25 to $180 during May, and June.
Based upon to the price in Shelley (cities), this has gone up considerably in the last 6 months. The price in January is $504,380, rising in February till $568,593. During the following two months (March, April) the price has had an average incrementation from $536,486.5 to $599,730.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $568,108.5 and $596,023.5 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $564,750 they are 72 % more affordable than the average price for Shelley. The properties with the highest average price have 4 bedrooms, Their price is 252 % more costly than the average. After that we have properties with 3 bedrooms priced at $912,171.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $99 / sq.feet, with an average $174 / sq.feet price in Shelley. The properties with the highest average prices have 4 bedrooms. They are 453 % more expensive than the average followed by properties with 3 bedrooms with a price at $387 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $564,750 it is 36 % cheaper than the average price in Shelley. "Land" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "House". At a price of $359,517 it is 21 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $74 / sq.feet followed by "House" priced at $122 / sq.feet. "House" is the cheapest type of property with a $122 / sq.feet value followed by "Land" with an average price of $74 / sq.feet.