The prices in real estate in Bethany, 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 Bethany has increased strongly during the last 6 months. In October, the average price per sq.feet was $121. In the following month the price per sq.feet increased to $134. In the following two months the price per sq.feet has increased 110 %, going from $127.5 to $140 per sq.feet. The price per sq.feet has increased 107 % 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 $133.75 to $143.5 during February, and March.
Based upon to the price in Bethany (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $172,139. During November the price went through a considerable rise reaching $207,051. During the following two months (December, January) the price has had an average incrementation from $189,595 to $208,239. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % 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 $251,995 they are 45 % more affordable than the average price for Bethany. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 3 bedrooms priced at $233,620.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $126 / sq.feet, with an average $142 / sq.feet price in Bethany. The properties with the highest average prices have 2 bedrooms. They are 8 % more expensive than the average followed by properties with 3 bedrooms with a price at $147 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $251,995 it is 96 % cheaper than the average price in Bethany. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $141,576 it is 15 % 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 $11 / sq.feet followed by "Apartment" priced at $43 / sq.feet. "House" is the most costly type of property with a $145 / sq.feet cost followed by "Apartment" with an average price of $43 / sq.feet.