The prices in real estate in Aurora, 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 Aurora has increased strongly during the last 6 months. In July, the average price per sq.feet was $323. In the following month the price per sq.feet increased to $358. The price for the following two months in (September, October) had a considerable decrease of 28 with regard to the prior two months. The price per sq.feet has had a considerable increase of 518 % 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 $217.5 to $1,126 during November, and December.
Based upon to the price in Aurora (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $891,893. During August the price went through a considerable rise reaching $1,026,171. During the following two months (September, October) the average price had a considerable reduction of 21 % 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 354 % 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 $3,840,491 they are 96 % more affordable than the average price for Aurora. The properties with the lowest average price have 2 bedrooms, Their price is 87 % cheaper than the average. After that we have properties with 1 bedroom priced at $171,905.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $63 / sq.feet, with an average $2,135 / sq.feet price in Aurora. The properties with the lowest average prices have 2 bedrooms. They are 53 % cheaper than the average followed by properties with 1 bedroom with a price at $63 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $3,840,491 it is 89 % cheaper than the average price in Aurora. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial Property". At a price of $429,365 it is 87 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $180 / sq.feet followed by "House" priced at $1,008 / sq.feet. "House" is the cheapest type of property with a $1,008 / sq.feet value followed by "Commercial Property" with an average price of $180 / sq.feet.