The prices in real estate in Forest Grove, in the Oregon region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Forest Grove has fallen in the last 6 months. In October, the average price per sq.feet was $225. In the following month the price per sq.feet decreased to $206. In the following two months the price per sq.feet has barely changed, going from $215.5 to $209 per sq.feet. 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 $212.25 to $216 during February y March
Based upon to the price in Forest Grove (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $441,853. During November the price went through a considerable rise reaching $569,957. During the following two months (December, January) the average price had a considerable increase of 116 % with regard to the previous two months. 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 $546,512 and $546,442.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $471,635 they are 45 % more affordable than the average price for Forest Grove. The properties with the lowest average price have 4 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 3 bedrooms priced at $423,258.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $181 / sq.feet, with an average $222 / sq.feet price in Forest Grove. The properties with the highest average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $230 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $471,635 it is 11 % cheaper than the average price in Forest Grove. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $437,556 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $176 / sq.feet followed by "House" priced at $187 / sq.feet. "Apartment" is the cheapest type of property with a $203 / sq.feet value followed by "Duplex" with an average price of $192 / sq.feet.