The prices in real estate in Tetonia, in the Idaho region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Tetonia has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $24,930. In the following month the price per sq.feet decreased considerably to $17,019. The price for the following two months in (January, February) had a considerable increment of 118 %. The price per sq.feet has had a considerable deflation of 82 % 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 $22,854.5 to $18,749.5 during March, and April.
Based upon to the price in Tetonia (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $1,095,406. During December the price went through a considerable rise reaching $1,401,300. During the following two months (January, February) the average price had a considerable increase of 120 % 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 125 % 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 $1,606,444 they are 78 % more affordable than the average price for Tetonia. The properties with the lowest average price have 2 bedrooms, Their price is 57 % cheaper than the average. After that we have properties with 1 bedroom priced at $346,962.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $334 / sq.feet, with an average $12,215 / sq.feet price in Tetonia. The properties with the lowest average prices have 1 bedroom. They are 97 % cheaper than the average followed by properties with 2 bedrooms with a price at $334 / sq.feet.
With regard to the average price based upon the property in Tetonia we can see that the cheapest property type is "House" at a price of $695,914, they are 57 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 57 % 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 $334 / sq.feet. "House" with an average cost of $334 / sq.feet has the lowest price and would be directed at less affluent cities.