The prices in real estate in Bonanza, 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 Bonanza has increased strongly during the last 6 months. In November, the average price per sq.feet was $221. In the following month the price per sq.feet increased considerably to $6,371. The price for the following two months in (January, February) had a considerable decrease of 28 with regard to the prior two months. The price per sq.feet has had a considerable increase of 309 % 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 $2,103.75 to $6,505 during March, and April.
Based upon to the price in Bonanza (cities), this has gone up considerably in the last 6 months. The average price for November is $236,862. During December the price had a considerable reduction till $86,216. During the following two months (January, February) the average price had a considerable increase of 1058 % 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 $935,650.75 to $157,101, which means a 17 % fall.