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 August, the average price per sq.feet was $275. In the following month the price per sq.feet increased considerably to $327. In the following two months the price per sq.feet has increased 105 %, going from $301 to $317 per sq.feet. The price per sq.feet has had a considerable increase of 115 % 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 $309 to $356 during December, and January.
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 August, is $695,073. During September the price went through a considerable rise reaching $878,730. In the following two months the average price has remained the same with regard to the previous two months from $786,901.5 to $791,893. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,005,295 they are 92 % more affordable than the average price for Boring. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 2 bedrooms priced at $604,656.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $202 / sq.feet, with an average $344 / sq.feet price in Boring. The properties with the highest average prices have 2 bedrooms. They are 75 % more expensive than the average followed by properties with 4 bedrooms with a price at $333 / 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 $667,993, they are 34 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 34 % 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 $255 / sq.feet. "House" with an average cost of $255 / sq.feet has the lowest price and would be directed at less affluent cities.