The prices in real estate in Shoshone, 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 Shoshone has increased strongly during the last 6 months. In November, the average price per sq.feet was $185. In the following month the price per sq.feet increased to $204. In the following two months the price per sq.feet has barely changed, going from $194.5 to $188.5 per sq.feet. The price per sq.feet has had a considerable increase of 228 % 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 $191.5 to $437.5 during March, and April.
Based upon to the price in Shoshone (cities), this has gone downing the last 6 months. The average price for November is $382,710. During December the price had a considerable reduction till $321,953. In the following two months the average price has remained the same with regard to the previous two months from $352,331.5 to $343,290. 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 $347,810.75 and $353,932.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $353,718 they are 34 % more affordable than the average price for Shoshone. The properties with the highest average price have 1 bedroom, Their price is 44 % more costly than the average. After that we have properties with 4 bedrooms priced at $404,311.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $166 / sq.feet, with an average $197 / sq.feet price in Shoshone. The properties with the highest average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 3 bedrooms with a price at $208 / sq.feet.
With regard to the average price based upon the property in Shoshone we can see that the cheapest property type is "House" at a price of $349,608, they are 1 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 1 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $193 / sq.feet. "House" with an average cost of $193 / sq.feet has the lowest price and would be directed at less affluent cities.