The prices in real estate in Star, 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 Star has increased strongly during the last 6 months. In October, the average price per sq.feet was $184. In the following month the price per sq.feet increased to $200. In the following two months the price per sq.feet has increased 112 %, going from $192 to $214.5 per sq.feet. The price per sq.feet has increased 115 % 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 $203.25 to $233.5 during February, and March.
Based upon to the price in Star (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $407,998. In November This price remains at $414,722. During the following two months (December, January) the price has had an average incrementation from $411,360 to $457,245.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $508,702 they are 22 % more affordable than the average price for Star. The properties with the highest average price have 1 bedroom, Their price is 6 % more costly than the average. After that we have properties with 4 bedrooms priced at $466,196.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $139 / sq.feet, with an average $233 / sq.feet price in Star. The properties with the highest average prices have 1 bedroom. They are 847 % more expensive than the average followed by properties with 2 bedrooms with a price at $202 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $508,702 it is 37 % cheaper than the average price in Star. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $319,420 it is 16 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $147 / sq.feet followed by "House" priced at $156 / sq.feet. "House" is the cheapest type of property with a $156 / sq.feet value followed by "Townhouse" with an average price of $147 / sq.feet.