The prices in real estate in Wilsonville, 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 Wilsonville has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $378. In the following month the price per sq.feet decreased considerably to $288. In the following two months the price per sq.feet has barely changed, going from $333 to $317 per sq.feet. The price per sq.feet has decreased 95 % 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 $325 to $307.5 during March, and April.
Based upon to the price in Wilsonville (cities), this has fallen considerably in the last 6 months. The average price for November is $984,533. During December the price had a considerable reduction till $697,928. During the following two months (January, February) the average price fell 85 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $778,273.5 to $715,495.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $721,269 they are 69 % more affordable than the average price for Wilsonville. The properties with the lowest average price have 4 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 3 bedrooms priced at $521,963.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $224 / sq.feet, with an average $301 / sq.feet price in Wilsonville. The properties with the lowest average prices have 2 bedrooms. They are 15 % cheaper than the average followed by properties with 3 bedrooms with a price at $235 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $721,269 it is 46 % cheaper than the average price in Wilsonville. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Office". At a price of $475,890 it is 19 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $178 / sq.feet followed by "Condo" priced at $216 / sq.feet. "House" is the most costly type of property with a $318 / sq.feet cost followed by "Commercial" with an average price of $298 / sq.feet.