The prices in real estate in Klamath Falls, 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 Klamath Falls has increased strongly during the last 6 months. In December, the average price per sq.feet was $126. In January this price pretty much remained the same at a value of $126 per sq.feet. The price for the following two months in (February, March) had a considerable increment of 398 %. The price per sq.feet has had a considerable increase of 257 % 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 $313.5 to $804.5 during April, and May.
Based upon to the price in Klamath Falls (cities), this has fallen considerably in the last 6 months. The average price for December is $245,351. During January the price had a slight fall till $229,489. During the following two months (February, March) the average price had a considerable reduction of 77 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $209,542.5 to $194,024.5 in April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $188,943 they are 29 % more affordable than the average price for Klamath Falls. The properties with the highest average price have 4 bedrooms, Their price is 47 % more costly than the average. After that we have properties with 3 bedrooms priced at $243,332.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $641 / sq.feet, with an average $918 / sq.feet price in Klamath Falls. The properties with the highest average prices have 4 bedrooms. They are 114 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,001 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $188,943 it is 20 % more expensive than the average price in Klamath Falls. "Condo" is seen as the second dearest property type. The dearest property type is "Farm" followed by "Commercial". At a price of $415,705 it is 455 % 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 $114 / sq.feet followed by "Condo" priced at $119 / sq.feet. "Commercial" is the most costly type of property with a $3,305 / sq.feet cost followed by "House" with an average price of $1,313 / sq.feet.