The prices in real estate in Corvallis, 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 Corvallis has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $1,159. In the following month the price per sq.feet decreased considerably to $191. The price for the following two months in (June, July) had a considerable decrease of 43 with regard to the prior two months. 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 $483.75 to $474 during August y September
Based upon to the price in Corvallis (cities), this has fallen considerably in the last 6 months. The average price for April is $1,798,536. During May the price had a considerable reduction till $328,175. During the following two months (June, July) the average price had a considerable reduction of 51 % 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 1 bedroom are the cheapest ones. At a price of $725,220 they are 77 % more affordable than the average price for Corvallis. The properties with the lowest average price have 4 bedrooms, Their price is 35 % cheaper than the average. After that we have properties with 3 bedrooms priced at $387,403.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $204 / sq.feet, with an average $334 / sq.feet price in Corvallis. The properties with the lowest average prices have 1 bedroom. They are 3 % cheaper than the average followed by properties with 3 bedrooms with a price at $219 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $725,220 it is 77 % cheaper than the average price in Corvallis. "Office" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "House". At a price of $378,867 it is 43 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $118 / sq.feet followed by "Office" priced at $124 / sq.feet. "Commercial" is the cheapest type of property with a $221 / sq.feet value followed by "House" with an average price of $205 / sq.feet.