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 February, the average price per sq.feet was $570. In the following month the price per sq.feet increased considerably to $758. The price for the following two months in (April, May) had a considerable increment of 157 %. The price per sq.feet has had a considerable increase of 157 % 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 $854.25 to $1,344.5 during June, and July.
Based upon to the price in Twin Falls (cities), this has gone up in the last 6 months. The price in February is $240,549, rising in March till $271,968. In the following two months the average price has remained the same with regard to the previous two months from $256,258.5 to $262,263.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $259,261 and $264,748.5 between June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $266,220 they are 51 % more affordable than the average price for Twin Falls. The properties with the highest average price have 4 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $256,032.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $120 / sq.feet, with an average $1,274 / sq.feet price in Twin Falls. The properties with the lowest average prices have 1 bedroom. They are 57 % cheaper than the average followed by properties with 3 bedrooms with a price at $154 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $266,220 it is 14 % cheaper than the average price in Twin Falls. "Detached House" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Detached House". At a price of $235,893 it is 5 % 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 $112 / sq.feet followed by "Condo" priced at $113 / sq.feet. "House" is the cheapest type of property with a $1,055 / sq.feet value followed by "Condo" with an average price of $113 / sq.feet.