The prices in real estate in Klamath Falls, 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 Klamath Falls has fallen in the last 6 months. In May, the average price per sq.feet was $918. In June this price pretty much remained the same at a value of $918 per sq.feet. In the following two months the price per sq.feet has increased 114 %, going from $918 to $1,049 per sq.feet. The price per sq.feet has had a considerable deflation of 54 % 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 $983.5 to $532 during September, and October.
Based upon to the price in Klamath Falls (cities), these have remained the same in the last 6 months. The price in May is $188,943, rising in June till $207,205. During the following two months (July, August) the average price fell 91 % 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 gone up 107 % 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 $211,464 they are 26 % more affordable than the average price for Klamath Falls. The properties with the highest average price have 4 bedrooms, Their price is 58 % more costly than the average. After that we have properties with 3 bedrooms priced at $230,927.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $759 / sq.feet, with an average $418 / sq.feet price in Klamath Falls. The properties with the highest average prices have 4 bedrooms. They are 713 % more expensive than the average followed by properties with 1 bedroom with a price at $3,273 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $211,464 it is 30 % cheaper than the average price in Klamath Falls. "Apartment" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $591,644 it is 317 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $64 / sq.feet followed by "Commercial" priced at $114 / sq.feet. "House" is the most costly type of property with a $4,097 / sq.feet cost followed by "Apartment" with an average price of $1,220 / sq.feet.