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 June, the average price per sq.feet was $138. In July this price pretty much remained the same at a value of $137 per sq.feet. The price for the following two months in (August, September) had a considerable increment of 123 %. The price per sq.feet has had a considerable increase of 134 % 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 $153.25 to $205.5 during October, and November.
Based upon to the price in Myrtle Creek (cities), this has gone up considerably in the last 6 months. The price in June is $214,225, rising in July till $227,760. During the following two months (August, September) the average price had a considerable increase of 120 % 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 showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 40 % cheaper than the average price of $166,779 in Myrtle Creek. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 40 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 42 % cheaper than the average price of ($114 / 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 42 % 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 $276,371 it is 40 % 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 $166,779 it is 17 % 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 $102 / sq.feet followed by "House" priced at $114 / sq.feet. "House" is the cheapest type of property with a $114 / sq.feet value followed by "Townhouse" with an average price of $102 / sq.feet.