The prices in real estate in Myrtle Creek, 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 Myrtle Creek has increased strongly during the last 6 months. In March, the average price per sq.feet was $816. In the following month the price per sq.feet increased considerably to $1,164. The price for the following two months in (May, June) had a considerable increment of 208 %. The price per sq.feet has had a considerable deflation of 72 % 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 $1,523 to $1,092 during July, and August.
Based upon to the price in Myrtle Creek (cities), these have remained the same in the last 6 months. The average price for March is $424,044. During April the price had a slight fall till $388,300. During the following two months (May, June) the average price had a considerable increase of 121 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $448,334.25 to $335,561.5, which means a 75 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 50 % cheaper than the average price of $165,280 in Myrtle Creek. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 50 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 91 % cheaper than the average price of ($105 / sq.feet) in Myrtle Creek. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 91 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $330,522 it is 50 % cheaper than the average price in Myrtle Creek. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $165,280 it is 31 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $93 / sq.feet followed by "House" priced at $105 / sq.feet. "House" is the cheapest type of property with a $105 / sq.feet value followed by "Townhouse" with an average price of $93 / sq.feet.