Property prices for sale in Twin Falls (Idaho)
The prices in real estate in Twin Falls, 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 Twin Falls has increased strongly during the last 6 months. In October, the average price per sq.feet was $347. In the following month the price per sq.feet increased considerably to $873. The price for the following two months in (December, January) had a considerable increment of 176 %. The price per sq.feet has had a considerable increase of 132 % 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 $840.75 to $1,107.5 during February, and March.
Based upon to the price in Twin Falls (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $434,641. In November This price remains at $449,588. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $429,609.5 to $400,598.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $413,343 they are 56 % more affordable than the average price for Twin Falls. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $373,451.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $149 / sq.feet, with an average $1,711 / sq.feet price in Twin Falls. The properties with the lowest average prices have 4 bedrooms. They are 2 % cheaper than the average followed by properties with 2 bedrooms with a price at $211 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $413,343 it is 40 % cheaper than the average price in Twin Falls. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $361,638 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $93 / sq.feet followed by "Townhouse" priced at $165 / sq.feet. "Land" is the most costly type of property with a $77,980 / sq.feet cost followed by "Duplex" with an average price of $5,793 / sq.feet.
