The prices in real estate in Sun Valley, 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 Sun Valley has increased strongly during the last 6 months. In July, the average price per sq.feet was $650. In the following month the price per sq.feet increased considerably to $7,519. In the following two months the price per sq.feet has barely changed, going from $4,084.5 to $4,109 per sq.feet. The price per sq.feet has had a considerable deflation of 17 % 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 $4,096.75 to $678.5 during November, and December.
Based upon to the price in Sun Valley (cities), this has gone downing the last 6 months. The average price for July is $2,439,292. During August the price had a considerable reduction till $2,008,469. During the following two months (September, October) the average price fell 90 % 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 risen strongly 124 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $2,295,621 they are 88 % more affordable than the average price for Sun Valley. The properties with the lowest average price have 4 bedrooms, Their price is 24 % cheaper than the average. After that we have properties with 3 bedrooms priced at $1,332,639.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $385 / sq.feet, with an average $649 / sq.feet price in Sun Valley. The properties with the lowest average prices have 3 bedrooms. They are 13 % cheaper than the average followed by properties with 4 bedrooms with a price at $471 / sq.feet.
With regard to the average price based upon the property in Sun Valley we can see that the cheapest property type is "House" at a price of $932,575, they are 59 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 59 % 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 $460 / sq.feet. "House" with an average cost of $460 / sq.feet has the lowest price and would be directed at less affluent cities.