Property prices for sale in Prineville (Oregon)
The prices in real estate in Prineville, in the Oregon region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Prineville has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,448. In the following month the price per sq.feet decreased to $1,259. The price for the following two months in (December, January) had a considerable decrease of 55 with regard to the prior two months. The price per sq.feet has decreased 87 % 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 $1,049.5 to $915 during February, and March.
Based upon to the price in Prineville (cities), this has gone up in the last 6 months. The average price for October is $406,388. During November the price had a slight fall till $374,012. During the following two months (December, January) the average price had a considerable increase of 118 % 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 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $467,759 they are 33 % more affordable than the average price for Prineville. The properties with the highest average price have 3 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 4 bedrooms priced at $522,758.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $388 / sq.feet, with an average $1,034 / sq.feet price in Prineville. The properties with the lowest average prices have 3 bedrooms. They are 8 % cheaper than the average followed by properties with 2 bedrooms with a price at $471 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $467,759 it is 69 % cheaper than the average price in Prineville. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Detached House". At a price of $496,869 it is 33 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $255 / sq.feet followed by "Detached House" priced at $275 / sq.feet. "Land" is the most costly type of property with a $11,674 / sq.feet cost followed by "House" with an average price of $839 / sq.feet.
