The prices in real estate in Oakridge, 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 Oakridge has increased strongly during the last 6 months. In February, the average price per sq.feet was $122. In March this price pretty much remained the same at a value of $122 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $122 to $133.5 per sq.feet. 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 $127.75 to $156.5 during June, and July.
Based upon to the price in Oakridge (cities), this has gone up in the last 6 months. The average price for February is $200,773. During March the price had a considerable reduction till $150,480. During the following two months (April, May) the average price had a considerable increase of 121 % 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 125 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 17 % more costly than the average price of $280,302 in Oakridge. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 17 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 18 % more costly than the average price of ($186 / sq.feet) in Oakridge. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 18 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $240,328 it is 28 % cheaper than the average price in Oakridge. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $171,843 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $104 / sq.feet followed by "House" priced at $186 / sq.feet. "House" is the most costly type of property with a $186 / sq.feet cost followed by "Condo" with an average price of $104 / sq.feet.