The prices in real estate in Oakland, 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 Oakland has increased during the last 6 months. In February, the average price per sq.feet was $477. In March this price pretty much remained the same at a value of $461 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $469 to $515 per sq.feet. The price per sq.feet has increased 105 % 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 $492 to $517.5 during June, and July.
Based upon to the price in Oakland (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $864,361. In March This price remains at $869,495. During the following two months (April, May) the average price had a considerable increase of 160 % 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 112 % 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 53 % cheaper than the average price of $620,890 in Oakland. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 53 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 46 % cheaper than the average price of ($219 / 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 46 % 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 $1,331,656 it is 76 % 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 $320,740 it is 53 % 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 $135 / sq.feet followed by "House" priced at $219 / sq.feet. "House" is the cheapest type of property with a $219 / sq.feet value followed by "Apartment" with an average price of $135 / sq.feet.