The prices in real estate in Victor, 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 Victor has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $6,347. In the following month the price per sq.feet decreased considerably to $1,549. The price for the following two months in (May, June) had a considerable decrease of 30 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 75 % 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 $2,563.25 to $1,926 during July, and August.
Based upon to the price in Victor (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $671,741. During April the price went through a considerable rise reaching $803,865. During the following two months (May, June) the price has had an average incrementation from $737,803 to $799,346. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % 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 $917,999 they are 43 % more affordable than the average price for Victor. The properties with the highest average price have 4 bedrooms, Their price is 54 % more costly than the average. After that we have properties with 3 bedrooms priced at $734,401.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $360 / sq.feet, with an average $2,702 / sq.feet price in Victor. The properties with the lowest average prices have 4 bedrooms. They are 79 % cheaper than the average followed by properties with 1 bedroom with a price at $511 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $917,999 it is 57 % cheaper than the average price in Victor. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $1,032,581 it is 168 % 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 $388 / sq.feet followed by "House" priced at $425 / sq.feet. "Land" is the most costly type of property with a $112,030 / sq.feet cost followed by "House" with an average price of $425 / sq.feet.