Property prices for sale in Monmouth (Oregon)
The prices in real estate in Monmouth, 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 Monmouth has increased strongly during the last 6 months. In November, the average price per sq.feet was $370. In December this price pretty much remained the same at a value of $357 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 170 %. The price per sq.feet has had a considerable deflation of 77 % 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 $490.75 to $379 during March, and April.
Based upon to the price in Monmouth (cities), this has gone downing the last 6 months. The average price for November is $896,375. During December the price had a considerable reduction till $706,833. During the following two months (January, February) the price has had an average incrementation from $801,604 to $874,656.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $838,130.25 to $760,531.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $787,982 they are 99 % more affordable than the average price for Monmouth. The properties with the highest average price have 3 bedrooms, Their price is 267 % more costly than the average. After that we have properties with 2 bedrooms priced at $1,023,949.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $30 / sq.feet, with an average $404 / sq.feet price in Monmouth. The properties with the highest average prices have 2 bedrooms. They are 627 % more expensive than the average followed by properties with 3 bedrooms with a price at $2,558 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $787,982 it is 99 % cheaper than the average price in Monmouth. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $317,658 it is 102 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $18 / sq.feet followed by "Townhouse" priced at $154 / sq.feet. "House" is the most costly type of property with a $606 / sq.feet cost followed by "Townhouse" with an average price of $154 / sq.feet.
