The prices in real estate in Broken Arrow, 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 Broken Arrow has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $140,429. In the following month the price per sq.feet decreased considerably to $119. The price for the following two months in (September, October) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 0 % 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 $35,191 to $52 during November, and December.
Based upon to the price in Broken Arrow (cities), this has fallen considerably in the last 6 months. The average price for July is $351,149. During August the price had a slight fall till $314,594. In the following two months the average price has remained the same with regard to the previous two months from $332,871.5 to $342,771.5. During the last two months the average price has had a strong fall compared to the previous four going from $337,821.5 to $226,078, which means a 67 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 13 % cheaper than the average price of $211,096 in Broken Arrow. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 13 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 72 % more costly than the average price of ($110 / sq.feet) in Broken Arrow. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 72 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $243,932 it is 14 % cheaper than the average price in Broken Arrow. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Apartment". At a price of $211,096 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Office" at an average cost of $86 / sq.feet followed by "Condo" priced at $93 / sq.feet. "Apartment" is the most costly type of property with a $110 / sq.feet cost followed by "Condo" with an average price of $93 / sq.feet.