The prices in real estate in El Reno, in the Oklahoma region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in El Reno has remained the same in the last 6 months. In October, the average price per sq.feet was $137. In November this price pretty much remained the same at a value of $134 per sq.feet. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has increased 111 % 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 $131.25 to $145.5 during February, and March.
Based upon to the price in El Reno (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $210,163. In November This price remains at $215,871. During the following two months (December, January) the average price fell 94 % 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 gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $227,077 they are 61 % more affordable than the average price for El Reno. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $253,852.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $64 / sq.feet, with an average $145 / sq.feet price in El Reno. The properties with the highest average prices have 3 bedrooms. They are 8 % more expensive than the average followed by properties with 4 bedrooms with a price at $74 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $227,077 it is 10 % cheaper than the average price in El Reno. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $233,334 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $41 / sq.feet followed by "Apartment" priced at $117 / sq.feet. "House" is the cheapest type of property with a $118 / sq.feet value followed by "Apartment" with an average price of $117 / sq.feet.