The prices in real estate in Depoe Bay, in the Oregon region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Depoe Bay has increased during the last 6 months. In November, the average price per sq.feet was $323. In December this price pretty much remained the same at a value of $338 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $330.5 to $340 per sq.feet. The price per sq.feet has had a considerable increase of 121 % 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 $335.25 to $404 during March, and April.
Based upon to the price in Depoe Bay (cities), these have remained the same in the last 6 months. The average price for November is $630,515. During December the price had a slight fall till $598,188. During the following two months (January, February) the price has had an average incrementation from $614,351.5 to $654,525. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $634,438.25 and $637,975.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $629,027 they are 77 % more affordable than the average price for Depoe Bay. The properties with the highest average price have 4 bedrooms, Their price is 71 % more costly than the average. After that we have properties with 3 bedrooms priced at $775,386.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $241 / sq.feet, with an average $391 / sq.feet price in Depoe Bay. The properties with the highest average prices have 3 bedrooms. They are 9 % more expensive than the average followed by properties with 2 bedrooms with a price at $391 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $629,027 it is 38 % cheaper than the average price in Depoe Bay. "Land" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $750,205 it is 21 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $273 / sq.feet followed by "Townhouse" priced at $301 / sq.feet. "Land" is the most costly type of property with a $464,803 / sq.feet cost followed by "House" with an average price of $488 / sq.feet.