The prices in real estate in Jenks, in the Oklahoma 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 Jenks has increased strongly during the last 6 months. In November, the average price per sq.feet was $173. In December this price pretty much remained the same at a value of $175 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 981 %. The price per sq.feet has had a considerable deflation of 21 % 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 $940.25 to $196 during March, and April.
Based upon to the price in Jenks (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $488,890. In December This price remains at $482,932. During the following two months (January, February) the average price had a considerable increase of 125 % 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 89 %, going from $545,872.75 to $485,853 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $493,791 they are 49 % more affordable than the average price for Jenks. The properties with the lowest average price have 2 bedrooms, Their price is 48 % cheaper than the average. After that we have properties with 4 bedrooms priced at $256,645.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $105 / sq.feet, with an average $176 / sq.feet price in Jenks. The properties with the lowest average prices have 1 bedroom. They are 37 % cheaper than the average followed by properties with 2 bedrooms with a price at $109 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $493,791 it is 49 % cheaper than the average price in Jenks. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $254,060 it is 48 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $70 / sq.feet followed by "House" priced at $105 / sq.feet. "House" is the cheapest type of property with a $105 / sq.feet value followed by "Condo" with an average price of $70 / sq.feet.