The prices in real estate in Happy Valley, 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 Happy Valley has increased strongly during the last 6 months. In May, the average price per sq.feet was $235. In June this price pretty much remained the same at a value of $241 per sq.feet. The price for the following two months in (July, August) had a considerable increment of 696 %. The price per sq.feet has increased 113 % 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 $947.75 to $1,073.5 during September, and October.
Based upon to the price in Happy Valley (cities), these have remained the same in the last 6 months. The price in May is $595,380, rising in June till $637,493. In the following two months the average price has remained the same with regard to the previous two months from $616,436.5 to $591,849.5. 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 $604,143 and $591,958.5 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $613,015 they are 14 % more affordable than the average price for Happy Valley. The properties with the highest average price have 2 bedrooms, Their price is 520 % more costly than the average. After that we have properties with 4 bedrooms priced at $617,972.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $230 / sq.feet, with an average $223 / sq.feet price in Happy Valley. The properties with the highest average prices have 2 bedrooms. They are 1948 % more expensive than the average followed by properties with 4 bedrooms with a price at $3,868 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $613,015 it is 61 % cheaper than the average price in Happy Valley. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $544,759 it is 2 % 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 $138 / sq.feet followed by "Townhouse" priced at $190 / sq.feet. "House" is the most costly type of property with a $3,085 / sq.feet cost followed by "Land" with an average price of $895 / sq.feet.