Property prices for sale in Talent (Oregon)
The prices in real estate in Talent, 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 Talent has increased strongly during the last 6 months. In October, the average price per sq.feet was $279. In November this price pretty much remained the same at a value of $288 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $283.5 to $319.5 per sq.feet. The price per sq.feet has had a considerable increase of 180 % 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 $301.5 to $542 during February, and March.
Based upon to the price in Talent (cities), these have remained the same in the last 6 months. The price in October is $486,594, rising in November till $516,454. During the following two months (December, January) the average price fell 90 % 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 $475,736.25 and $481,690 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 $557,000 they are 60 % more affordable than the average price for Talent. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $478,374.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $280 / sq.feet, with an average $884 / sq.feet price in Talent. The properties with the lowest average prices have 4 bedrooms. They are 53 % cheaper than the average followed by properties with 2 bedrooms with a price at $299 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $557,000 it is 31 % cheaper than the average price in Talent. "House" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "House". At a price of $446,944 it is 19 % 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 $153 / sq.feet followed by "House" priced at $301 / sq.feet. "Detached House" is the cheapest type of property with a $306 / sq.feet value followed by "House" with an average price of $301 / sq.feet.
