The prices in real estate in Lake Oswego, in the Oregon region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Lake Oswego has remained the same in the last 6 months. In April, the average price per sq.feet was $364. In the following month the price per sq.feet decreased to $338. The price for the following two months in (June, July) had a considerable increment of 115 %. The price per sq.feet has had a considerable deflation of 81 % 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 $378 to $306.5 during August, and September.
Based upon to the price in Lake Oswego (cities), this has gone downing the last 6 months. The average price during our first sample month during April, is $922,296. During May the price went through a considerable rise reaching $1,138,816. During the following two months (June, July) the average price had a considerable reduction of 54 % 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 120 % 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 $964,073 they are 73 % more affordable than the average price for Lake Oswego. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at $668,531.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $252 / sq.feet, with an average $301 / sq.feet price in Lake Oswego. The properties with the highest average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 4 bedrooms with a price at $306 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $964,073 it is 72 % cheaper than the average price in Lake Oswego. "House" is seen as the second most affordable property type. The cheapest type property is "Office" followed by "Commercial". At a price of $941,660 it is 2 % 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 $224 / sq.feet followed by "House" priced at $287 / sq.feet. "Office" is the most costly type of property with a $381 / sq.feet cost followed by "Commercial" with an average price of $376 / sq.feet.