The prices in real estate in Victor, 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 Victor has increased strongly during the last 6 months. In February, the average price per sq.feet was $699. In the following month the price per sq.feet increased considerably to $981. The price for the following two months in (April, May) had a considerable increment of 130 %. The price per sq.feet has had a considerable increase of 115 % 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 $967 to $1,115.5 during June, and July.
Based upon to the price in Victor (cities), this has gone downing the last 6 months. The average price for February is $444,002. During March the price had a slight fall till $378,039. During the following two months (April, May) the price has had an average incrementation from $411,020.5 to $437,333.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $424,177 to $385,379.5 in June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $360,828 they are 23 % more expensive than the average price for Victor. Following this ranking we find those properties with 3 at an average price of $481,743. The properties with the highest average price have 4 bedrooms, Their price is 104 % more costly than the average. After that we have properties with 1 bedroom priced at $497,475.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $1,891 / sq.feet, with an average $1,097 / sq.feet price in Victor. The properties with the highest average prices have 4 bedrooms. They are 604 % more expensive than the average followed by properties with 2 bedrooms with a price at $3,275 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $360,828 it is 73 % cheaper than the average price in Victor. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $378,717 it is 85 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $138 / sq.feet followed by "Land" priced at $681 / sq.feet. "House" is the most costly type of property with a $2,826 / sq.feet cost followed by "Land" with an average price of $681 / sq.feet.