The prices in real estate in Choctaw, 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 Choctaw has increased strongly during the last 6 months. In October, the average price per sq.feet was $174. In November this price pretty much remained the same at a value of $173 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 568 %. The price per sq.feet has had a considerable increase of 309 % 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 $579.25 to $1,791 during February, and March.
Based upon to the price in Choctaw (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $376,217. In November This price remains at $377,875. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. 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 $358,235.25 and $347,919 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $366,154 they are 52 % more affordable than the average price for Choctaw. The properties with the lowest average price have 2 bedrooms, Their price is 44 % cheaper than the average. After that we have properties with 1 bedroom priced at $176,780.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $67 / sq.feet, with an average $2,232 / sq.feet price in Choctaw. The properties with the lowest average prices have 2 bedrooms. They are 95 % cheaper than the average followed by properties with 1 bedroom with a price at $67 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $366,154 it is 44 % cheaper than the average price in Choctaw. "Villa" is seen as the second most affordable property type. The cheapest type property is "Mobile Home" followed by "Villa". At a price of $228,637 it is 21 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Mobile Home" at an average cost of $40 / sq.feet followed by "Villa" priced at $53 / sq.feet. "House" is the cheapest type of property with a $116 / sq.feet value followed by "Villa" with an average price of $53 / sq.feet.