The prices in real estate in La Pine, in the Oregon region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in La Pine has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $1,423. In the following month the price per sq.feet decreased considerably to $1,191. The price for the following two months in (September, October) had a considerable decrease of 43 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 22 % 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 $933.25 to $206 during November, and December.
Based upon to the price in La Pine (cities), this has gone up in the last 6 months. In our first sample month during July, the average price is $276,733. In August This price remains at $283,400. During the following two months (September, October) the price has had an average incrementation from $280,066.5 to $307,526. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $339,203 they are 43 % more affordable than the average price for La Pine. The properties with the highest average price have 4 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 3 bedrooms priced at $300,960.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $150 / sq.feet, with an average $207 / sq.feet price in La Pine. The properties with the highest average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 3 bedrooms with a price at $184 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $339,203 it is 12 % cheaper than the average price in La Pine. "House" is seen as the second most affordable property type. The dearest property type is "Commercial Property" followed by "House". At a price of $327,477 it is 22 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $122 / sq.feet followed by "Land" priced at $158 / sq.feet. "House" is the cheapest type of property with a $169 / sq.feet value followed by "Land" with an average price of $158 / sq.feet.