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 April, the average price per sq.feet was $181. In the following month the price per sq.feet increased considerably to $638. The price for the following two months in (June, July) had a considerable increment of 122 %. The price per sq.feet has had a considerable deflation of 44 % 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 $454.5 to $201 during August, and September.
Based upon to the price in Star (cities), this has gone up in the last 6 months. The average price for April is $394,808. During May the price had a slight fall till $372,943. During the following two months (June, July) the average price had a considerable increase of 115 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $454,843 they are 12 % more affordable than the average price for Star. The properties with the highest average price have 1 bedroom, Their price is 20 % more costly than the average. After that we have properties with 4 bedrooms priced at $469,007.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $145 / sq.feet, with an average $198 / sq.feet price in Star. The properties with the highest average prices have 1 bedroom. They are 1024 % more expensive than the average followed by properties with 2 bedrooms with a price at $208 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $454,843 it is 29 % 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 $321,347 it is 6 % 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 $153 / sq.feet followed by "House" priced at $162 / sq.feet. "House" is the cheapest type of property with a $162 / sq.feet value followed by "Townhouse" with an average price of $153 / sq.feet.