Property prices for sale in Wallace (Idaho)
The prices in real estate in Wallace, 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 Wallace has increased strongly during the last 6 months. In March, the average price per sq.feet was $212. In April this price pretty much remained the same at a value of $205 per sq.feet. The price for the following two months in (May, June) had a considerable increment of 2471 %. The price per sq.feet has decreased 94 % 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 $2,680.5 to $2,518 during July, and August.
Based upon to the price in Wallace (cities), this has gone up considerably in the last 6 months. The average price for March is $345,376. During April the price had a slight fall till $315,073. During the following two months (May, June) the average price had a considerable increase of 149 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % 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 $384,676 they are 46 % more affordable than the average price for Wallace. The properties with the highest average price have 3 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 2 bedrooms priced at $344,757.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $214 / sq.feet, with an average $286 / sq.feet price in Wallace. The properties with the highest average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 2 bedrooms with a price at $303 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $384,676 it is 34 % cheaper than the average price in Wallace. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "" followed by "Townhouse". At a price of $277,187 it is 27 % 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 $58 / sq.feet followed by "Townhouse" priced at $62 / sq.feet. "Townhouse" is the cheapest type of property with a $62 / sq.feet value followed by "Commercial" with an average price of $58 / sq.feet.
