Property prices for sale in Newport (Oregon)
The prices in real estate in Newport, in the Oregon region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Newport has increased during the last 6 months. In December, the average price per sq.feet was $325. In January this price pretty much remained the same at a value of $335 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $330 to $372 per sq.feet. The price per sq.feet has increased 107 % 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 $351 to $376.5 during April, and May.
Based upon to the price in Newport (cities), these have remained the same in the last 6 months. The average price for December is $589,109. During January the price had a slight fall till $549,789. During the following two months (February, March) the average price fell 94 % 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 gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $622,971 they are 19 % more affordable than the average price for Newport. The properties with the highest average price have 4 bedrooms, Their price is 169 % more costly than the average. After that we have properties with 3 bedrooms priced at $635,596.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $364 / sq.feet, with an average $385 / sq.feet price in Newport. The properties with the highest average prices have 1 bedroom. They are 106 % more expensive than the average followed by properties with 4 bedrooms with a price at $469 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $622,971 it is 78 % cheaper than the average price in Newport. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $392,223 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $50 / sq.feet followed by "Condo" priced at $355 / sq.feet. "House" is the cheapest type of property with a $374 / sq.feet value followed by "Condo" with an average price of $355 / sq.feet.
