The prices in real estate in Hood River, 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 Hood River has increased strongly during the last 6 months. In October, the average price per sq.feet was $333. In the following month the price per sq.feet increased considerably to $385. In the following two months the price per sq.feet has barely changed, going from $359 to $349 per sq.feet. The price per sq.feet has had a considerable increase of 831 % 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 $354 to $2,943 during February, and March.
Based upon to the price in Hood River (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $919,367. During November the price went through a considerable rise reaching $1,097,846. During the following two months (December, January) the average price fell 93 % 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 risen strongly 121 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,237,933 they are 60 % more affordable than the average price for Hood River. The properties with the lowest average price have 4 bedrooms, Their price is 21 % cheaper than the average. After that we have properties with 3 bedrooms priced at $656,182.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $283 / sq.feet, with an average $441 / sq.feet price in Hood River. The properties with the highest average prices have 1 bedroom. They are 104 % more expensive than the average followed by properties with 4 bedrooms with a price at $349 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,237,933 it is 69 % cheaper than the average price in Hood River. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "House". At a price of $750,838 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $233 / sq.feet followed by "Duplex" priced at $250 / sq.feet. "Commercial" is the most costly type of property with a $579 / sq.feet cost followed by "House" with an average price of $351 / sq.feet.