The prices in real estate in Boring, 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 Boring has increased strongly during the last 6 months. In November, the average price per sq.feet was $243. In the following month the price per sq.feet increased considerably to $331. The price for the following two months in (January, February) had a considerable increment of 152 %. The price per sq.feet has had a considerable deflation of 50 % 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 $361.5 to $179.5 during March, and April.
Based upon to the price in Boring (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $771,416. During December the price went through a considerable rise reaching $1,057,343. During the following two months (January, February) the average price had a considerable increase of 116 % 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 $986,046.5 to $459,185, which means a 47 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $484,664 they are 58 % more affordable than the average price for Boring. The properties with the highest average price have 4 bedrooms, Their price is 148 % more costly than the average. After that we have properties with 1 bedroom priced at $626,437.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $112 / sq.feet, with an average $189 / sq.feet price in Boring. The properties with the highest average prices have 1 bedroom. They are 227 % more expensive than the average followed by properties with 4 bedrooms with a price at $312 / sq.feet.
With regard to the average price based upon the property in Boring we can see that most expensive property type is "House" at a price of $899,349, they are 86 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 86 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $296 / sq.feet. "House" at an average price of $296 / sq.feet has the most expensive price and would be directed at more affluent cities.