The prices in real estate in Jenks, 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 Jenks has increased strongly during the last 6 months. In October, the average price per sq.feet was $182. 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 119 %. The price per sq.feet has had a considerable increase of 871 % 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 $194.25 to $1,691 during February, and March.
Based upon to the price in Jenks (cities), these have remained the same in the last 6 months. The average price for October is $520,070. During November the price had a slight fall till $488,890. During the following two months (December, January) the price has had an average incrementation from $504,480 to $557,132.5. 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 $530,806.25 and $529,125.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $477,915 they are 48 % more affordable than the average price for Jenks. The properties with the lowest average price have 4 bedrooms, Their price is 46 % cheaper than the average. After that we have properties with 1 bedroom priced at $250,291.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $106 / sq.feet, with an average $216 / sq.feet price in Jenks. The properties with the lowest average prices have 1 bedroom. They are 49 % cheaper than the average followed by properties with 2 bedrooms with a price at $106 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $477,915 it is 47 % cheaper than the average price in Jenks. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $254,315 it is 46 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $71 / sq.feet followed by "House" priced at $106 / sq.feet. "House" is the cheapest type of property with a $106 / sq.feet value followed by "Condo" with an average price of $71 / sq.feet.