The average price in the Oregon region has had a strong decrease in recent months. There has been a strong deflation in the prices in this region.
The price per sq.feet in Oregon has risen considerably in the last 6 months. During May, the average price per sq.feet was $450. In June the price pretty much stayed the same at $444 per sq.feet. The following two months (July, August) went through a considerable deflation of 55 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has decreased 92 %. This has been obtained by comparing the price $345.5 for the first four months of the sample with regard to the previous 4 months and the price $319 per sq.feet for the last two months (September, October).
Based upon to the price in Oregon(region), this has increased in the last 6 months. In the first month sample May the average price is $432,848. In June the price was the same at $449,915. The average price for the following two months (July, August) increased from $441,381.5 to $475,633. During the last two months the average price has remained stagnant and has gone from $458,507.25 to $455,107.5 during September and October.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 35 % more affordable than the average price in Oregon followed by those with 2 with an average price of $356,868. The most costly properties have 4 bedrooms. They are 39 % more expensive than the average followed by those properties with 3 bedrooms priced at $460,277.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $229 / sq.feet being $248 / sq.feet the average value within the Oregon region. The properties with the most expensive average price are those with 1 bedroom. These are 30 % more costly than the average followed by those with 2 bedrooms with a price of $246 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $462,984 it is 71 % more affordable than the average in Oregon. This is followed by "Condo" with a price of $382,228. The dearest property type is "Apartment" and is 95 % more expensive than the average, followed by "Farm" with a cost of $827,545.
Based on the average cost per sq.feet the cheapest property type is "Farm with a an average cost of $124 / sq.feet, followed by "Townhouse" with a price of $144 / sq.feet. "Land" with an average price of $905 / sq.feet is the most costly type of property followed by "Apartment" at a price of $593 / sq.feet.