The prices in real estate in Fort Gibson, in the Oklahoma region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Fort Gibson has fallen in the last 6 months. In February, the average price per sq.feet was $179. In March this price pretty much remained the same at a value of $176 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $177.5 to $187.5 per sq.feet. The price per sq.feet has had a considerable deflation of 58 % 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 $182.5 to $105.5 during June, and July.
Based upon to the price in Fort Gibson (cities), these have remained the same in the last 6 months. In our first sample month during February, the average price is $358,300. In March This price remains at $351,633. During the following two months (April, May) the average price had a considerable increase of 126 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $401,650 to $260,833.5, which means a 65 % fall.