The prices in real estate in Jones, in the Oklahoma region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Jones has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $600. In the following month the price per sq.feet decreased considerably to $266. The price for the following two months in (January, February) had a considerable decrease of 40 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 54 % 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 $303 to $163 during March, and April.
Based upon to the price in Jones (cities), this has fallen considerably in the last 6 months. The average price for November is $1,665,657. During December the price had a considerable reduction till $853,555. During the following two months (January, February) the average price had a considerable reduction of 44 % 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 $907,457.75 to $412,064.5, which means a 45 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $400,800 they are 70 % more affordable than the average price for Jones. The properties with the highest average price have 4 bedrooms, Their price is 53 % more costly than the average. After that we have properties with 3 bedrooms priced at $375,469.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $102 / sq.feet, with an average $148 / sq.feet price in Jones. The properties with the highest average prices have 4 bedrooms. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $133 / sq.feet.
With regard to the average price based upon the property in Jones we can see that most expensive property type is "House" at a price of $1,083,619, they are 170 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 170 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $193 / sq.feet. "House" at an average price of $193 / sq.feet has the most expensive price and would be directed at more affluent cities.