The prices in real estate in Coweta, 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 Coweta has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,533. In the following month the price per sq.feet increased considerably to $2,848. The price for the following two months in (January, February) had a considerable increment of 119 %. The price per sq.feet has had a considerable increase of 284 % 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 $2,394.25 to $6,807 during March, and April.
Based upon to the price in Coweta (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $352,710. In December This price remains at $335,866. During the following two months (January, February) the price has had an average incrementation from $344,288 to $380,542.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $362,415.25 to $331,745 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $323,759 they are 76 % more affordable than the average price for Coweta. The properties with the lowest average price have 4 bedrooms, Their price is 22 % cheaper than the average. After that we have properties with 1 bedroom priced at $227,360.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $6 / sq.feet, with an average $175 / sq.feet price in Coweta. The properties with the lowest average prices have 1 bedroom. They are 77 % cheaper than the average followed by properties with 3 bedrooms with a price at $32 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $323,759 it is 32 % cheaper than the average price in Coweta. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $238,717 it is 108 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $28 / sq.feet followed by "House" priced at $39 / sq.feet. "Commercial" is the cheapest type of property with a $74 / sq.feet value followed by "House" with an average price of $39 / sq.feet.