The prices in real estate in Myrtle Creek, in the Oregon region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Myrtle Creek has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $157. In March this price pretty much remained the same at a value of $155 per sq.feet. The price for the following two months in (April, May) had a considerable decrease of 44 with regard to the prior two months. The price per sq.feet has had a considerable increase of 123 % 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 $112 to $137.5 during June, and July.
Based upon to the price in Myrtle Creek (cities), this has fallen considerably in the last 6 months. In our first sample month during February, the average price is $235,908. In March This price remains at $236,371. During the following two months (April, May) the average price had a considerable reduction of 49 % 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 126 % 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 26 % cheaper than the average price of $167,450 in Myrtle Creek. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 26 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 14 % cheaper than the average price of ($118 / 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 14 % 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 $227,760 it is 26 % cheaper than the average price in Myrtle Creek. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $167,450 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $106 / sq.feet followed by "House" priced at $118 / sq.feet. "House" is the cheapest type of property with a $118 / sq.feet value followed by "Townhouse" with an average price of $106 / sq.feet.