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 March, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $210. The price for the following two months in (May, June) had a considerable increment of 152 %. The price per sq.feet has had a considerable increase of 146 % 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 $132.5 to $193 during July, and August.
Based upon to the price in Boring (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is . During April the price went through a considerable rise reaching $515,856. During the following two months (May, June) the average price had a considerable increase of 130 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 170 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $525,964 they are 7 % more affordable than the average price for Boring. The properties with the highest average price have 2 bedrooms, Their price is 97 % more costly than the average. After that we have properties with 1 bedroom priced at $765,790.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $204 / sq.feet, with an average $208 / sq.feet price in Boring. The properties with the highest average prices have 1 bedroom. They are 1553 % more expensive than the average followed by properties with 2 bedrooms with a price at $766 / sq.feet.
With regard to the average price based upon the property in Boring we can see that the cheapest property type is "House" at a price of $83,454, they are 84 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 84 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $58 / sq.feet. "House" with an average cost of $58 / sq.feet has the lowest price and would be directed at less affluent cities.