The prices in real estate in Roseburg, 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 Roseburg has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $360. In the following month the price per sq.feet decreased considerably to $192. The price for the following two months in (July, August) had a considerable decrease of 70 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 78 % 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 $234.5 to $183 during September, and October.
Based upon to the price in Roseburg (cities), this has gone up in the last 6 months. The average price during our first sample month during May, is $383,834. During June the price went through a considerable rise reaching $561,302. During the following two months (July, August) the average price fell 93 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $455,078 to $383,681.5, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $367,429 they are 55 % more affordable than the average price for Roseburg. The properties with the lowest average price have 4 bedrooms, Their price is 9 % cheaper than the average. After that we have properties with 3 bedrooms priced at $301,592.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $129 / sq.feet, with an average $178 / sq.feet price in Roseburg. The properties with the highest average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 3 bedrooms with a price at $159 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $367,429 it is 43 % cheaper than the average price in Roseburg. "Condo" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "Condo". At a price of $275,660 it is 25 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $111 / sq.feet followed by "Condo" priced at $150 / sq.feet. "Commercial" is the cheapest type of property with a $155 / sq.feet value followed by "Condo" with an average price of $150 / sq.feet.