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 February, the average price per sq.feet was $242. In March this price pretty much remained the same at a value of $234 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $238 to $249.5 per sq.feet. The price per sq.feet has had a considerable increase of 162 % 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 $243.75 to $396 during June, and July.
Based upon to the price in Aurora (cities), this has gone up considerably in the last 6 months. The price in February is $504,206, rising in March till $552,838. During the following two months (April, May) the price has had an average incrementation from $528,522 to $580,152.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 191 % 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 $891,893 they are 81 % more affordable than the average price for Aurora. The properties with the lowest average price have 2 bedrooms, Their price is 42 % cheaper than the average. After that we have properties with 1 bedroom priced at $172,770.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $68 / sq.feet, with an average $323 / sq.feet price in Aurora. The properties with the highest average prices have 2 bedrooms. They are 215 % more expensive than the average followed by properties with 1 bedroom with a price at $68 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $891,893 it is 52 % 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 $431,521 it is 42 % 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 $185 / sq.feet followed by "House" priced at $1,018 / sq.feet. "House" is the most costly type of property with a $1,018 / sq.feet cost followed by "Commercial Property" with an average price of $185 / sq.feet.