The prices in real estate in Portland, 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 Portland has increased during the last 6 months. In July, the average price per sq.feet was $320. In the following month the price per sq.feet increased to $340. In the following two months the price per sq.feet has increased 105 %, going from $330 to $347 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $338.5 to $347.5 during November y December
Based upon to the price in Portland (cities), this has gone up in the last 6 months. The price in July is $695,746, rising in August till $748,411. During the following two months (September, October) the price has had an average incrementation from $722,078.5 to $816,073.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $769,076 and $741,658.5 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $668,409 they are 51 % more affordable than the average price for Portland. The properties with the highest average price have 4 bedrooms, Their price is 64 % more costly than the average. After that we have properties with 3 bedrooms priced at $556,750.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $325 / sq.feet, with an average $334 / sq.feet price in Portland. The properties with the highest average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 2 bedrooms with a price at $415 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $668,409 it is 29 % cheaper than the average price in Portland. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $522,455 it is 57 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $242 / sq.feet followed by "Townhouse" priced at $245 / sq.feet. "Condo" is the most costly type of property with a $392 / sq.feet cost followed by "House" with an average price of $351 / sq.feet.