The prices in real estate in Klamath Falls, 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 Klamath Falls has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,136. In the following month the price per sq.feet increased considerably to $2,052. The price for the following two months in (January, February) had a considerable increment of 124 %. The price per sq.feet has had a considerable increase of 137 % 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 $1,784.75 to $2,440 during March, and April.
Based upon to the price in Klamath Falls (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $286,625. In December This price remains at $286,961. During the following two months (January, February) the average price fell 88 % 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 116 % 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 $317,757 they are 53 % more affordable than the average price for Klamath Falls. The properties with the highest average price have 4 bedrooms, Their price is 57 % more costly than the average. After that we have properties with 3 bedrooms priced at $365,334.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $158 / sq.feet, with an average $2,395 / sq.feet price in Klamath Falls. The properties with the lowest average prices have 3 bedrooms. They are 79 % cheaper than the average followed by properties with 4 bedrooms with a price at $241 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $317,757 it is 64 % cheaper than the average price in Klamath Falls. "Condo" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $357,300 it is 498 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $52 / sq.feet followed by "Condo" priced at $131 / sq.feet. "Land" is the most costly type of property with a $23,605 / sq.feet cost followed by "House" with an average price of $1,985 / sq.feet.