The prices in real estate in Broken Arrow, 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 Broken Arrow has increased strongly during the last 6 months. In December, the average price per sq.feet was $64. In the following month the price per sq.feet increased considerably to $97. The price for the following two months in (February, March) had a considerable increment of 165 %. The price per sq.feet has had a considerable increase of 132 % 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 $106.5 to $140.5 during April, and May.
Based upon to the price in Broken Arrow (cities), this has gone up considerably in the last 6 months. The price in December is $243,932, rising in January till $257,607. During the following two months (February, March) the average price had a considerable increase of 165 % 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 risen strongly 130 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $392,751 they are 46 % more affordable than the average price for Broken Arrow. The properties with the lowest average price have 1 bedroom, Their price is 46 % cheaper than the average. After that we have properties with 4 bedrooms priced at $210,654.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $108 / sq.feet, with an average $137 / sq.feet price in Broken Arrow. The properties with the lowest average prices have 1 bedroom. They are 20 % cheaper than the average followed by properties with 4 bedrooms with a price at $108 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $392,751 it is 47 % 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 $210,654 it is 46 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $81 / sq.feet followed by "Condo" priced at $93 / sq.feet. "Apartment" is the cheapest type of property with a $108 / sq.feet value followed by "Condo" with an average price of $93 / sq.feet.