The prices in real estate in Bandon, in the Oregon region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Bandon has fallen in the last 6 months. In May, the average price per sq.feet was $376. In the following month the price per sq.feet decreased to $343. In the following two months the price per sq.feet has increased 107 %, going from $359.5 to $385 per sq.feet. The price per sq.feet has had a considerable deflation of 76 % 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 $372.25 to $284 during September, and October.
Based upon to the price in Bandon (cities), this has gone up considerably in the last 6 months. The price in May is $851,000, rising in June till $904,659. During the following two months (July, August) the average price had a considerable increase of 160 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,139,188.75 to $629,286, which means a 55 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $608,392 they are 46 % more affordable than the average price for Bandon. The properties with the highest average price have 1 bedroom, Their price is 28 % more costly than the average. After that we have properties with 2 bedrooms priced at $373,449.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $135 / sq.feet, with an average $285 / sq.feet price in Bandon. The properties with the highest average prices have 1 bedroom. They are 91 % more expensive than the average followed by properties with 2 bedrooms with a price at $234 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $608,392 it is 49 % cheaper than the average price in Bandon. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $310,183 it is 35 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $168 / sq.feet followed by "House" priced at $220 / sq.feet. "House" is the cheapest type of property with a $220 / sq.feet value followed by "Townhouse" with an average price of $168 / sq.feet.