The prices in real estate in Bixby, 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 Bixby has increased strongly during the last 6 months. In May, the average price per sq.feet was $114. In June this price pretty much remained the same at a value of $116 per sq.feet. The price for the following two months in (July, August) had a considerable increment of 332 %. The price per sq.feet has had a considerable deflation of 47 % 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 $248.25 to $116.5 during September, and October.
Based upon to the price in Bixby (cities), these have remained the same in the last 6 months. In our first sample month during May, the average price is $243,488. In June This price remains at $240,709. In the following two months the average price has remained the same with regard to the previous two months from $242,098.5 to $243,576.5. 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 $242,837.5 and $247,594 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $249,191 they are 6 % more affordable than the average price for Bixby. The properties with the lowest average price have 1 bedroom, Their price is 2 % cheaper than the average. After that we have properties with 2 bedrooms priced at $233,051.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $106 / sq.feet, with an average $120 / sq.feet price in Bixby. The properties with the lowest average prices have 1 bedroom. They are 6 % cheaper than the average followed by properties with 2 bedrooms with a price at $106 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $249,191 it is 9 % cheaper than the average price in Bixby. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Commercial". At a price of $231,898 it is 6 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $86 / sq.feet followed by "Commercial" priced at $99 / sq.feet. "Apartment" is the cheapest type of property with a $106 / sq.feet value followed by "Commercial" with an average price of $99 / sq.feet.