Property prices for sale in Reedsport (Oregon)
The prices in real estate in Reedsport, 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 Reedsport has increased strongly during the last 6 months. In November, the average price per sq.feet was $187. In the following month the price per sq.feet increased considerably to $224. In the following two months the price per sq.feet has barely changed, going from $205.5 to $201.5 per sq.feet. The price per sq.feet has had a considerable increase of 125 % 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 $203.5 to $254 during March, and April.
Based upon to the price in Reedsport (cities), this has gone up considerably in the last 6 months. The price in November is $293,146, rising in December till $331,697. During the following two months (January, February) the average price fell 93 % 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 139 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $454,207 they are 72 % more affordable than the average price for Reedsport. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $274,886.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $98 / sq.feet, with an average $277 / sq.feet price in Reedsport. The properties with the lowest average prices have 1 bedroom. They are 14 % cheaper than the average followed by properties with 4 bedrooms with a price at $194 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $454,207 it is 77 % cheaper than the average price in Reedsport. "House" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "House". At a price of $138,200 it is 60 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $61 / sq.feet followed by "Land" priced at $73 / sq.feet. "House" is the cheapest type of property with a $80 / sq.feet value followed by "Land" with an average price of $73 / sq.feet.
