The prices in real estate in Azalea, 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 Azalea has increased strongly during the last 6 months. In October, the average price per sq.feet was $306. In the following month the price per sq.feet decreased considerably to $256. The price for the following two months in (December, January) had a considerable increment of 3111 %. The price per sq.feet has had a considerable increase of 175 % 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 $4,511 to $7,890.5 during February, and March.
Based upon to the price in Azalea (cities), this has gone downing the last 6 months. The average price for October is $618,667. During November the price had a considerable reduction till $460,750. During the following two months (December, January) the average price had a considerable reduction of 77 % 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 143 % during the last two months.