Property prices for sale in Lexington (Oklahoma)
The prices in real estate in Lexington, 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 Lexington has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,684. In the following month the price per sq.feet increased to $1,859. The price for the following two months in (January, February) had a considerable increment of 142 %. The price per sq.feet has had a considerable increase of 154 % 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 $2,146 to $3,302.5 during March, and April.
Based upon to the price in Lexington (cities), this has gone downing the last 6 months. The average price for November is $331,438. During December the price had a slight fall till $304,181. In the following two months the average price has remained the same with regard to the previous two months from $317,809.5 to $321,355.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $319,582.5 to $281,066 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $263,287 they are 44 % more affordable than the average price for Lexington. The properties with the highest average price have 4 bedrooms, Their price is 76 % more costly than the average. After that we have properties with 3 bedrooms priced at $319,226.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $150 / sq.feet, with an average $1,989 / sq.feet price in Lexington. The properties with the lowest average prices have 1 bedroom. They are 87 % cheaper than the average followed by properties with 3 bedrooms with a price at $189 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $263,287 it is 30 % cheaper than the average price in Lexington. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $185,429 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $182 / sq.feet followed by "Land" priced at $14,488 / sq.feet. "Land" is the most costly type of property with a $14,488 / sq.feet cost followed by "House" with an average price of $182 / sq.feet.
