The prices in real estate in North Bend, 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 North Bend has increased strongly during the last 6 months. In October, the average price per sq.feet was $183. In the following month the price per sq.feet decreased to $173. In the following two months the price per sq.feet has increased 109 %, going from $178 to $194 per sq.feet. The price per sq.feet has had a considerable increase of 3433 % 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 $186 to $6,385.5 during February, and March.
Based upon to the price in North Bend (cities), this has gone up considerably in the last 6 months. The price in October is $379,960, rising in November till $426,817. In the following two months the average price has remained the same with regard to the previous two months from $403,388.5 to $420,883.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % 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 56 % cheaper than the average price of $245,386 in North Bend. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 56 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 99 % cheaper than the average price of ($141 / sq.feet) in North Bend. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 99 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $559,822 it is 66 % cheaper than the average price in North Bend. "Land" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "Duplex". At a price of $193,104 it is 56 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $101 / sq.feet followed by "Land" priced at $141 / sq.feet. "Land" is the cheapest type of property with a $141 / sq.feet value followed by "Duplex" with an average price of $101 / sq.feet.