The prices in real estate in Oakland, 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 Oakland has increased strongly during the last 6 months. In November, the average price per sq.feet was $221. In the following month the price per sq.feet decreased to $202. The price for the following two months in (January, February) had a considerable increment of 118 %. The price per sq.feet has had a considerable increase of 192 % 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 $230.75 to $443 during March, and April.
Based upon to the price in Oakland (cities), this has gone up considerably in the last 6 months. The average price for November is $447,800. During December the price had a considerable reduction till $304,076. During the following two months (January, February) the average price had a considerable increase of 154 % 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 292 % 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 35 % cheaper than the average price of $607,970 in Oakland. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 35 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 49 % cheaper than the average price of ($198 / sq.feet) in Oakland. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 49 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $931,380 it is 66 % cheaper than the average price in Oakland. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $314,061 it is 35 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $114 / sq.feet followed by "House" priced at $198 / sq.feet. "House" is the cheapest type of property with a $198 / sq.feet value followed by "Apartment" with an average price of $114 / sq.feet.