Property prices for sale in South Beach (Oregon)
The prices in real estate in South Beach, 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 South Beach has increased strongly during the last 6 months. In October, the average price per sq.feet was $434. In the following month the price per sq.feet decreased considerably to $337. The price for the following two months in (December, January) had a considerable increment of 998 %. The price per sq.feet has had a considerable increase of 230 % 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 $2,116 to $4,860.5 during February, and March.
Based upon to the price in South Beach (cities), this has gone downing the last 6 months. The average price for October is $826,778. During November the price had a slight fall till $782,825. During the following two months (December, January) the average price had a considerable reduction of 84 % with regard to the previous two months. 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 $739,736.75 and $769,424.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $722,738 they are 56 % more affordable than the average price for South Beach. The properties with the highest average price have 3 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 4 bedrooms priced at $685,931.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $354 / sq.feet, with an average $9,299 / sq.feet price in South Beach. The properties with the lowest average prices have 4 bedrooms. They are 90 % cheaper than the average followed by properties with 1 bedroom with a price at $484 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $722,738 it is 45 % cheaper than the average price in South Beach. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $398,004 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $128 / sq.feet followed by "Apartment" priced at $130 / sq.feet. "House" is the cheapest type of property with a $953 / sq.feet value followed by "Apartment" with an average price of $130 / sq.feet.
