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 June, the average price per sq.feet was $134. In the following month the price per sq.feet increased to $143. In the following two months the price per sq.feet has increased 105 %, going from $138.5 to $145.5 per sq.feet. The price per sq.feet has had a considerable increase of 135 % 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 $142 to $192 during October, and November.
Based upon to the price in Wallace (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is $186,375. During July the price went through a considerable rise reaching $244,464. During the following two months (August, September) the price has had an average incrementation from $215,419.5 to $244,461. Based on an analysis of the first four prices and the last two months the average price has risen strongly 209 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 49 % cheaper than the average price of $295,325 in Wallace. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 49 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 75 % cheaper than the average price of ($54 / sq.feet) in Wallace. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 75 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $581,333 it is 54 % cheaper than the average price in Wallace. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $293,189 it is 49 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $54 / sq.feet followed by "Commercial" priced at $114 / sq.feet. "Townhouse" is the cheapest type of property with a $118 / sq.feet value followed by "Commercial" with an average price of $114 / sq.feet.