The prices in real estate in Aurora, in the Oregon region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Aurora has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $280. In the following month the price per sq.feet decreased considerably to $96. The price for the following two months in (August, September) had a considerable decrease of 69 with regard to the prior two months. The price per sq.feet has had a considerable increase of 119 % 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 $158.75 to $188.5 during October, and November.
Based upon to the price in Aurora (cities), this has fallen considerably in the last 6 months. The average price for June is $604,856. During July the price had a considerable reduction till $208,506. During the following two months (August, September) the average price had a considerable reduction of 69 % 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 142 % 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 $530,803 they are 67 % more affordable than the average price for Aurora. The properties with the lowest average price have 2 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 1 bedroom priced at $174,162.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $76 / sq.feet, with an average $190 / sq.feet price in Aurora. The properties with the highest average prices have 2 bedrooms. They are 444 % more expensive than the average followed by properties with 1 bedroom with a price at $76 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $530,803 it is 18 % 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 $434,992 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Commercial Property" at an average cost of $193 / sq.feet followed by "House" priced at $1,034 / sq.feet. "House" is the most costly type of property with a $1,034 / sq.feet cost followed by "Commercial Property" with an average price of $193 / sq.feet.