The prices in real estate in Twin Falls, in the Idaho region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Twin Falls has increased during the last 6 months. In December, the average price per sq.feet was $150. In January this price pretty much remained the same at a value of $149 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $149.5 to $160.5 per sq.feet. The price per sq.feet has had a considerable increase of 117 % 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 $155 to $181 during April, and May.
Based upon to the price in Twin Falls (cities), this has gone up in the last 6 months. In our first sample month during December, the average price is $305,268. In January This price remains at $305,879. In the following two months the average price has remained the same with regard to the previous two months from $305,573.5 to $306,983. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % 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 $355,114 they are 66 % more affordable than the average price for Twin Falls. The properties with the lowest average price have 4 bedrooms, Their price is 3 % cheaper than the average. After that we have properties with 2 bedrooms priced at $295,173.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $91 / sq.feet, with an average $188 / sq.feet price in Twin Falls. The properties with the lowest average prices have 2 bedrooms. They are 13 % cheaper than the average followed by properties with 4 bedrooms with a price at $162 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $355,114 it is 64 % 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 "Detached House". At a price of $233,540 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $102 / sq.feet followed by "Condo" priced at $124 / sq.feet. "Land" is the most costly type of property with a $1,881 / sq.feet cost followed by "House" with an average price of $156 / sq.feet.