The prices in real estate in Manzanita, 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 Manzanita has increased strongly during the last 6 months. In November, the average price per sq.feet was $457. In the following month the price per sq.feet increased considerably to $582. In the following two months the price per sq.feet has increased 105 %, going from $519.5 to $547.5 per sq.feet. The price per sq.feet has had a considerable increase of 126 % 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 $533.5 to $673.5 during March, and April.
Based upon to the price in Manzanita (cities), this has gone up in the last 6 months. The price in November is $968,223, rising in December till $1,081,436. In the following two months the average price has remained the same with regard to the previous two months from $1,024,829.5 to $1,071,068.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.