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 $231. In June this price pretty much remained the same at a value of $221 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $226 to $218 per sq.feet. The price per sq.feet has decreased 94 % 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 $222 to $209 during September, and October.
Based upon to the price in Bandon (cities), this has gone downing the last 6 months. In our first sample month during May, the average price is $441,754. In June This price remains at $452,331. During the following two months (July, August) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $425,926 to $378,098.5 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $418,479 they are 20 % more affordable than the average price for Bandon. The properties with the highest average price have 1 bedroom, Their price is 88 % more costly than the average. After that we have properties with 2 bedrooms priced at $377,965.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $147 / sq.feet, with an average $212 / sq.feet price in Bandon. The properties with the highest average prices have 1 bedroom. They are 162 % more expensive than the average followed by properties with 2 bedrooms with a price at $246 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $418,479 it is 25 % 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 $313,935 it is 4 % 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 $180 / sq.feet followed by "House" priced at $232 / sq.feet. "House" is the most costly type of property with a $232 / sq.feet cost followed by "Townhouse" with an average price of $180 / sq.feet.