Property prices for sale in Silverton (Oregon)
The prices in real estate in Silverton, 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 Silverton has increased strongly during the last 6 months. In October, the average price per sq.feet was $317. In the following month the price per sq.feet decreased to $300. In the following two months the price per sq.feet has barely changed, going from $308.5 to $302.5 per sq.feet. The price per sq.feet has had a considerable increase of 161 % 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 $305.5 to $492 during February, and March.
Based upon to the price in Silverton (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $550,757. In November This price remains at $559,019. During the following two months (December, January) the price has had an average incrementation from $554,888 to $588,367. 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 $571,627.5 and $560,429 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $556,943 they are 30 % more affordable than the average price for Silverton. The properties with the lowest average price have 1 bedroom, Their price is 29 % cheaper than the average. After that we have properties with 3 bedrooms priced at $392,764.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $149 / sq.feet, with an average $688 / sq.feet price in Silverton. The properties with the lowest average prices have 4 bedrooms. They are 77 % cheaper than the average followed by properties with 1 bedroom 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 $556,943 it is 30 % cheaper than the average price in Silverton. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "House". At a price of $387,685 it is 21 % 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 $160 / sq.feet followed by "Duplex" priced at $163 / sq.feet. "Duplex" is the cheapest type of property with a $163 / sq.feet value followed by "House" with an average price of $160 / sq.feet.
