The prices in real estate in Bartlesville, in the Oklahoma 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 Bartlesville has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $4,083. In the following month the price per sq.feet decreased considerably to $2,805. The price for the following two months in (January, February) had a considerable decrease of 51 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 80 % 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 $2,595.5 to $2,087 during March, and April.
Based upon to the price in Bartlesville (cities), this has fallen considerably in the last 6 months. The average price for November is $258,831. During December the price had a slight fall till $225,211. During the following two months (January, February) the average price had a considerable reduction of 83 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $241,497 they are 84 % more affordable than the average price for Bartlesville. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $229,040.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $30 / sq.feet, with an average $245 / sq.feet price in Bartlesville. The properties with the highest average prices have 4 bedrooms. They are 1318 % more expensive than the average followed by properties with 3 bedrooms with a price at $857 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $241,497 it is 60 % cheaper than the average price in Bartlesville. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $128,097 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $74 / sq.feet followed by "Condo" priced at $99 / sq.feet. "House" is the most costly type of property with a $4,251 / sq.feet cost followed by "Land" with an average price of $3,903 / sq.feet.