The prices in real estate in Sweet Home, 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 Sweet Home has increased strongly during the last 6 months. In February, the average price per sq.feet was $168. In March this price pretty much remained the same at a value of $172 per sq.feet. The price for the following two months in (April, May) had a considerable increment of 475 %. The price per sq.feet has had a considerable deflation of 85 % 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 $488.75 to $414 during June, and July.
Based upon to the price in Sweet Home (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $256,750. In March This price remains at $257,642. During the following two months (April, May) the average price had a considerable increase of 174 % 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 $351,777.25 to $184,354, which means a 52 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $185,381 they are 27 % more affordable than the average price for Sweet Home. The properties with the highest average price have 3 bedrooms, Their price is 674 % more costly than the average. After that we have properties with 4 bedrooms priced at $334,031.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $126 / sq.feet, with an average $137 / sq.feet price in Sweet Home. The properties with the highest average prices have 3 bedrooms. They are 1343 % more expensive than the average followed by properties with 4 bedrooms with a price at $150 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $185,381 it is 31 % cheaper than the average price in Sweet Home. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $237,286 it is 32 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $105 / sq.feet followed by "Apartment" priced at $153 / sq.feet. "House" is the most costly type of property with a $166 / sq.feet cost followed by "Apartment" with an average price of $153 / sq.feet.