The prices in real estate in Sutherlin, 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 Sutherlin has increased strongly during the last 6 months. In October, the average price per sq.feet was $220. In the following month the price per sq.feet decreased to $205. The price for the following two months in (December, January) had a considerable increment of 159 %. The price per sq.feet has had a considerable deflation of 80 % 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 $274.75 to $220.5 during February, and March.
Based upon to the price in Sutherlin (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $358,082. In November This price remains at $348,477. In the following two months the average price has remained the same with regard to the previous two months from $353,279.5 to $342,640. 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 $347,959.75 and $357,626.5 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 $369,586 they are 62 % more affordable than the average price for Sutherlin. The properties with the lowest average price have 2 bedrooms, Their price is 37 % cheaper than the average. After that we have properties with 4 bedrooms priced at $231,598.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $90 / sq.feet, with an average $235 / sq.feet price in Sutherlin. The properties with the lowest average prices have 1 bedroom. They are 26 % cheaper than the average followed by properties with 2 bedrooms with a price at $95 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $369,586 it is 37 % cheaper than the average price in Sutherlin. "Farm" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "Townhouse". At a price of $411,429 it is 69 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $90 / sq.feet followed by "Farm" priced at $138 / sq.feet. "Townhouse" is the most costly type of property with a $393 / sq.feet cost followed by "Duplex" with an average price of $290 / sq.feet.