The prices in real estate in Grants Pass, in the Oregon 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 Grants Pass has increased strongly during the last 6 months. In October, the average price per sq.feet was $343. In the following month the price per sq.feet decreased considerably to $261. The price for the following two months in (December, January) had a considerable increment of 203 %. The price per sq.feet has had a considerable increase of 447 % 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 $457 to $2,042.5 during February, and March.
Based upon to the price in Grants Pass (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $470,256. In November This price remains at $467,694. During the following two months (December, January) the price has had an average incrementation from $468,975 to $504,272.5. 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 $486,623.75 and $505,359.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $460,480 they are 36 % more affordable than the average price for Grants Pass. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $488,062.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $307 / sq.feet, with an average $2,867 / sq.feet price in Grants Pass. The properties with the lowest average prices have 3 bedrooms. They are 10 % cheaper than the average followed by properties with 4 bedrooms with a price at $1,124 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $460,480 it is 58 % cheaper than the average price in Grants Pass. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $445,556 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $103 / sq.feet followed by "Townhouse" priced at $135 / sq.feet. "Land" is the most costly type of property with a $38,996 / sq.feet cost followed by "Duplex" with an average price of $8,914 / sq.feet.