The prices in real estate in Sweet Home, 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 Sweet Home has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $386. In the following month the price per sq.feet decreased considerably to $175. The price for the following two months in (September, October) had a considerable decrease of 62 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 77 % 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 $227.75 to $175 during November, and December.
Based upon to the price in Sweet Home (cities), this has gone up in the last 6 months. The price in July is $260,093, rising in August till $284,613. In the following two months the average price has remained the same with regard to the previous two months from $272,353 to $280,620. 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 $276,486.5 and $269,365.5 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $268,548 they are 38 % more affordable than the average price for Sweet Home. The properties with the highest average price have 4 bedrooms, Their price is 43 % more costly than the average. After that we have properties with 3 bedrooms priced at $272,606.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $169 / sq.feet, with an average $176 / sq.feet price in Sweet Home. The properties with the highest average prices have 1 bedroom. They are 219 % more expensive than the average followed by properties with 4 bedrooms with a price at $290 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $268,548 it is 52 % cheaper than the average price in Sweet Home. "Land" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "Townhouse". At a price of $129,360 it is 11 % 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 $112 / sq.feet followed by "Land" priced at $160 / sq.feet. "Land" is the cheapest type of property with a $160 / sq.feet value followed by "Townhouse" with an average price of $112 / sq.feet.