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 August, the average price per sq.feet was $147. In the following month the price per sq.feet increased considerably to $180. The price for the following two months in (October, November) had a considerable increment of 127 %. The price per sq.feet has increased 109 % 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 $185.5 to $201.5 during December, and January.
Based upon to the price in Sweet Home (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during August, is $202,344. During September the price went through a considerable rise reaching $246,847. During the following two months (October, November) the average price had a considerable increase of 141 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $312,132 they are 57 % more affordable than the average price for Sweet Home. The properties with the highest average price have 3 bedrooms, Their price is 359 % more costly than the average. After that we have properties with 4 bedrooms priced at $332,028.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $125 / sq.feet, with an average $201 / sq.feet price in Sweet Home. The properties with the highest average prices have 3 bedrooms. They are 883 % more expensive than the average followed by properties with 4 bedrooms with a price at $144 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $312,132 it is 59 % cheaper than the average price in Sweet Home. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $235,862 it is 22 % 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 $99 / sq.feet followed by "Apartment" priced at $147 / sq.feet. "House" is the cheapest type of property with a $160 / sq.feet value followed by "Apartment" with an average price of $147 / sq.feet.