The prices in real estate in Altus, 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 Altus has increased strongly during the last 6 months. In November, the average price per sq.feet was $52. In the following month the price per sq.feet increased to $58. The price for the following two months in (January, February) had a considerable increment of 129 %. The price per sq.feet has increased 108 % 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 $63 to $68 during March, and April.
Based upon to the price in Altus (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $129,773. In December This price remains at $124,098. During the following two months (January, February) the average price had a considerable increase of 119 % 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 $138,940.25 and $138,000.5 between 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 $128,853 they are 59 % more affordable than the average price for Altus. The properties with the highest average price have 3 bedrooms, Their price is 68 % more costly than the average. After that we have properties with 4 bedrooms priced at $133,543.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $40 / sq.feet, with an average $69 / sq.feet price in Altus. The properties with the highest average prices have 4 bedrooms. They are 817 % more expensive than the average followed by properties with 3 bedrooms with a price at $79 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most costly one. At an cost of $128,853 it is 4 % more expensive than the average price in Altus. "Townhouse" is seen as the second dearest property type. The dearest property type is "Townhouse" followed by "Land". At a price of $133,543 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $66 / sq.feet followed by "Land" priced at $633 / sq.feet. "Land" is the most costly type of property with a $633 / sq.feet cost followed by "Townhouse" with an average price of $66 / sq.feet.