The average price in the Oregon region has had a strong decrease in recent months. There has been a strong deflation in the prices in this region.
The price per sq.feet in Oregon has risen considerably in the last 6 months. During September, the average price per sq.feet was $387. The following month (October) the price had a considerable deflation reaching $320 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from $353.5 to $337 per sq.feet. In the last two months, the price per sq.feet has decreased 89 %. This has been obtained by comparing the price $345.25 for the first four months of the sample with regard to the previous 4 months and the price $308 per sq.feet for the last two months (January, February).
Based upon to the price in Oregon(region), these have remained the same in the last 6 months. In the first month sample September the average price is $569,566. In October the price was the same at $549,990. The average price for the following two months (November, December) increased from $559,778 to $589,176.5. During the last two months the price has reduced 90 % compared to the previous average values going from $574,477.25 a $518,503 in January and February.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 42 % more affordable than the average price in Oregon followed by those with 2 with an average price of $382,549. The most costly properties have 4 bedrooms. They are 51 % more expensive than the average followed by those properties with 3 bedrooms priced at $527,100.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $287 / sq.feet being $311 / sq.feet the average value within the Oregon region. The properties with the most expensive average price are those with 1 bedroom. These are 27 % more costly than the average followed by those with 4 bedrooms with a price of $358 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $533,599 it is 70 % more affordable than the average in Oregon. This is followed by "Condo" with a price of $451,562. The dearest property type is "Commercial" and is 51 % more expensive than the average, followed by "House" with a cost of $569,343.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $215 / sq.feet, followed by "Apartment" with a price of $285 / sq.feet. "Land" with an average price of $990 / sq.feet is the most costly type of property followed by "Condo" at a price of $384 / sq.feet.