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 May, the average price per sq.feet was $186. In the following month the price per sq.feet increased considerably to $217. In the following two months the price per sq.feet has increased 110 %, going from $201.5 to $222.5 per sq.feet. The price per sq.feet has had a considerable increase of 129 % 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 $212 to $274 during September, and October.
Based upon to the price in Amity (cities), this has gone downing the last 6 months. The average price during our first sample month during May, is $552,671. During June the price went through a considerable rise reaching $675,844. During the following two months (July, August) the average price had a considerable reduction of 60 % 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 gone up 105 % 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 $690,330 they are 63 % more affordable than the average price for Amity. The properties with the lowest average price have 4 bedrooms, Their price is 15 % cheaper than the average. After that we have properties with 2 bedrooms priced at $330,947.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $193 / sq.feet, with an average $305 / sq.feet price in Amity. The properties with the lowest average prices have 1 bedroom. They are 18 % cheaper than the average followed by properties with 3 bedrooms with a price at $208 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $690,330 it is 15 % cheaper than the average price in Amity. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Farm". At a price of $586,634 it is 15 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $155 / sq.feet followed by "Farm" priced at $198 / sq.feet. "Farm" is the cheapest type of property with a $198 / sq.feet value followed by "Apartment" with an average price of $155 / sq.feet.