The prices in real estate in Central Point, 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 Central Point has increased strongly during the last 6 months. In May, the average price per sq.feet was $153. In the following month the price per sq.feet increased considerably to $199. The price for the following two months in (July, August) had a considerable increment of 139 %. The price per sq.feet has had a considerable deflation of 82 % 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 $210.25 to $172 during September, and October.
Based upon to the price in Central Point (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is $275,820. During June the price went through a considerable rise reaching $389,580. During the following two months (July, August) the average price fell 95 % 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 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $371,584 they are 9 % more affordable than the average price for Central Point. The properties with the highest average price have 1 bedroom, Their price is 5 % more costly than the average. After that we have properties with 4 bedrooms priced at $337,146.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $139 / sq.feet, with an average $188 / sq.feet price in Central Point. The properties with the highest average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 4 bedrooms with a price at $139 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $371,584 it is 52 % cheaper than the average price in Central Point. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $177,621 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $80 / sq.feet followed by "Land" priced at $209 / sq.feet. "Land" is the most costly type of property with a $209 / sq.feet cost followed by "House" with an average price of $80 / sq.feet.