The prices in real estate in Spirit Lake, 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 Spirit Lake has increased during the last 6 months. In March, the average price per sq.feet was $205. In April this price pretty much remained the same at a value of $198 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $201.5 to $228 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $214.75 to $223.5 during July y August
Based upon to the price in Spirit Lake (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is $431,514. In April This price remains at $430,084. During the following two months (May, June) the average price had a considerable increase of 125 % 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 $484,632.5 to $397,231, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $387,947 they are 31 % more affordable than the average price for Spirit Lake. The properties with the highest average price have 4 bedrooms, Their price is 86 % more costly than the average. After that we have properties with 3 bedrooms priced at $494,471.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $188 / sq.feet, with an average $224 / sq.feet price in Spirit Lake. The properties with the highest average prices have 3 bedrooms. They are 1 % more expensive than the average followed by properties with 2 bedrooms with a price at $218 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most costly one. At an cost of $387,947 it is 13 % more expensive than the average price in Spirit Lake. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Land". At a price of $437,143 it is 55 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $222 / sq.feet followed by "House" priced at $243 / sq.feet. "House" is the most costly type of property with a $243 / sq.feet cost followed by "Land" with an average price of $222 / sq.feet.