The prices in real estate in Dorena, 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 Dorena has increased strongly during the last 6 months. In March, the average price per sq.feet was $1,256. In April this price pretty much remained the same at a value of $1,311 per sq.feet. The price for the following two months in (May, June) had a considerable decrease of 32 with regard to the prior two months. The price per sq.feet has had a considerable increase of 857 % 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 $847.25 to $7,262.5 during July, and August.
Based upon to the price in Dorena (cities), this has fallen considerably in the last 6 months. The average price for March is $1,427,000. During April the price had a slight fall till $1,247,500. During the following two months (May, June) the average price had a considerable reduction of 47 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $985,387.5 to $431,389.5, which means a 44 % fall.