The prices in real estate in Bend, 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 Bend has increased strongly during the last 6 months. In March, the average price per sq.feet was $936. In the following month the price per sq.feet increased to $1,064. The price for the following two months in (May, June) had a considerable increment of 159 %. The price per sq.feet has had a considerable increase of 127 % 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 $1,295.25 to $1,647 during July, and August.
Based upon to the price in Bend (cities), this has gone downing the last 6 months. The price in March is $648,758, rising in April till $694,740. During the following two months (May, June) the average price fell 87 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $627,139.5 and $608,884 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $594,924 they are 54 % more affordable than the average price for Bend. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $527,841.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $775 / sq.feet, with an average $1,273 / sq.feet price in Bend. The properties with the highest average prices have 4 bedrooms. They are 98 % more expensive than the average followed by properties with 1 bedroom with a price at $2,037 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $594,924 it is 53 % cheaper than the average price in Bend. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $608,816 it is 133 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $156 / sq.feet followed by "Condo" priced at $330 / sq.feet. "Land" is the most costly type of property with a $3,010 / sq.feet cost followed by "Commercial" with an average price of $2,480 / sq.feet.