The prices in real estate in Portland, in the Victoria 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 m² in Portland has increased strongly during the last 6 months. In May, the average price per m² was $688. In the following month the price per m² increased considerably to $1,595. The price for the following two months in (July, August) had a considerable increment of 128 %. The price per m² has had a considerable increase of 144 % 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 m² of $1,302.25 to $1,871.5 during September, and October.
Based upon to the price in Portland (suburbs), these have remained the same in the last 6 months. In our first sample month during May, the average price is $236,980. In June This price remains at $231,605. In the following two months the average price has remained the same with regard to the previous two months from $234,292.5 to $235,343.5. 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 $234,818 and $228,494 between September and October.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of $230,738 in Portland. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 0 % cheaper than the average price of ($2,852 / m²) in Portland. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Portland we can see that the cheapest property type is "House" at a price of $230,738, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House with an average price of $2,852 / m². "House" with an average cost of $2,852 / m² has the lowest price and would be directed at less affluent cities.