The prices in real estate in Mcalester, 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 Mcalester has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $1,962. In the following month the price per sq.feet decreased considerably to $308. The price for the following two months in (April, May) had a considerable decrease of 30 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 41 % 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 $739.5 to $301 during June, and July.
Based upon to the price in Mcalester (cities), this has fallen considerably in the last 6 months. In our first sample month during February, the average price is $369,889. In March This price remains at $376,043. In the following two months the average price has remained the same with regard to the previous two months from $372,966 to $367,331.5. During the last two months the average price has had a strong fall compared to the previous four going from $370,148.75 to $221,036.5, which means a 60 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $157,460 they are 13 % more affordable than the average price for Mcalester. The properties with the highest average price have 4 bedrooms, Their price is 1643 % more costly than the average. After that we have properties with 1 bedroom priced at $136,453.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $57 / sq.feet, with an average $306 / sq.feet price in Mcalester. The properties with the highest average prices have 4 bedrooms. They are 4071 % more expensive than the average followed by properties with 1 bedroom with a price at $57 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most costly one. At an cost of $157,460 it is 361 % more expensive than the average price in Mcalester. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Duplex". At a price of $726,080 it is 1643 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $259 / sq.feet followed by "House" priced at $12,764 / sq.feet. "House" is the most costly type of property with a $12,764 / sq.feet cost followed by "Duplex" with an average price of $259 / sq.feet.