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 October, the average price per sq.feet was $216. In the following month the price per sq.feet decreased to $195. In the following two months the price per sq.feet has barely changed, going from $205.5 to $198 per sq.feet. The price per sq.feet has had a considerable increase of 305 % 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 $201.75 to $616 during February, and March.
Based upon to the price in Myrtle Creek (cities), this has gone up in the last 6 months. The average price for October is $305,920. During November the price had a slight fall till $276,371. During the following two months (December, January) the price has had an average incrementation from $291,145.5 to $309,418. Based on an analysis of the first four prices and the last two months the average price has risen strongly 130 % 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 61 % cheaper than the average price of $166,111 in Myrtle Creek. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 61 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 87 % cheaper than the average price of ($110 / 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 87 % 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 $424,044 it is 61 % 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 $166,111 it is 46 % 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 $98 / sq.feet followed by "House" priced at $110 / sq.feet. "House" is the cheapest type of property with a $110 / sq.feet value followed by "Townhouse" with an average price of $98 / sq.feet.