The prices in real estate in Amity, 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 Amity has increased strongly during the last 6 months. In February, the average price per sq.feet was $208. In the following month the price per sq.feet increased to $239. The price for the following two months in (April, May) had a considerable increment of 214 %. The price per sq.feet has had a considerable deflation of 61 % 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 $350.75 to $212.5 during June, and July.
Based upon to the price in Amity (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $509,071. During March the price went through a considerable rise reaching $645,317. During the following two months (April, May) the average price had a considerable increase of 170 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $780,623.5 to $536,015, which means a 69 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $396,186 they are 36 % more affordable than the average price for Amity. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 2 bedrooms priced at $331,943.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $196 / sq.feet, with an average $208 / sq.feet price in Amity. The properties with the highest average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 3 bedrooms with a price at $211 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most costly one. At an cost of $396,186 it is 49 % more expensive than the average price in Amity. "Apartment" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Farm". At a price of $588,399 it is 49 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $158 / sq.feet followed by "Farm" priced at $201 / sq.feet. "Farm" is the cheapest type of property with a $201 / sq.feet value followed by "Apartment" with an average price of $158 / sq.feet.