The prices in real estate in Durant, 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 Durant has increased strongly during the last 6 months. In November, the average price per sq.feet was $179. In December this price pretty much remained the same at a value of $174 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 269 %. The price per sq.feet has had a considerable increase of 184 % 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 $326 to $600 during March, and April.
Based upon to the price in Durant (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $329,909. In December This price remains at $324,141. During the following two months (January, February) the price has had an average incrementation from $327,025 to $348,260.5. 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 $337,642.75 and $349,379.5 between 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 $349,510 they are 46 % more affordable than the average price for Durant. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 1 bedroom priced at $299,267.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $147 / sq.feet, with an average $168 / sq.feet price in Durant. The properties with the highest average prices have 1 bedroom. They are 74 % more expensive than the average followed by properties with 2 bedrooms with a price at $153 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $349,510 it is 56 % cheaper than the average price in Durant. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $266,172 it is 13 % 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 $33 / sq.feet followed by "House" priced at $152 / sq.feet. "Detached House" is the most costly type of property with a $265 / sq.feet cost followed by "House" with an average price of $152 / sq.feet.