Property prices for sale in Brookings (Oregon)
The prices in real estate in Brookings, in the Oregon region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Brookings has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $800. In the following month the price per sq.feet increased considerably to $1,038. The price for the following two months in (December, January) had a considerable decrease of 42 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 65 % 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 $651.75 to $422 during February, and March.
Based upon to the price in Brookings (cities), this has gone up in the last 6 months. The price in October is $534,683, rising in November till $591,718. During the following two months (December, January) the average price fell 94 % 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 gone up 114 % 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 $646,735 they are 61 % more affordable than the average price for Brookings. The properties with the highest average price have 4 bedrooms, Their price is 74 % more costly than the average. After that we have properties with 3 bedrooms priced at $704,922.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $353 / sq.feet, with an average $456 / sq.feet price in Brookings. The properties with the lowest average prices have 3 bedrooms. They are 15 % cheaper than the average followed by properties with 4 bedrooms with a price at $388 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $646,735 it is 71 % cheaper than the average price in Brookings. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Commercial". At a price of $814,667 it is 26 % 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 $128 / sq.feet followed by "Commercial" priced at $181 / sq.feet. "Land" is the most costly type of property with a $203,345 / sq.feet cost followed by "House" with an average price of $393 / sq.feet.
