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 January, the average price per sq.feet was $225. In the following month the price per sq.feet increased considerably to $259. The price for the following two months in (March, April) had a considerable increment of 120 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $266.75 to $271 during May y June
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 January, is $290,982. During February the price went through a considerable rise reaching $515,321. During the following two months (March, April) the average price had a considerable increase of 132 % 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 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $534,535 they are 47 % more affordable than the average price for Central Point. The properties with the highest average price have 4 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 3 bedrooms priced at $494,521.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $258 / sq.feet, with an average $276 / sq.feet price in Central Point. The properties with the highest average prices have 1 bedroom. They are 41 % more expensive than the average followed by properties with 4 bedrooms with a price at $305 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $534,535 it is 30 % cheaper than the average price in Central Point. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $375,450 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $177 / sq.feet followed by "House" priced at $275 / sq.feet. "House" is the cheapest type of property with a $275 / sq.feet value followed by "Land" with an average price of $177 / sq.feet.