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 May, the average price per sq.feet was $400. In the following month the price per sq.feet decreased considerably to $296. In the following two months the price per sq.feet has barely changed, going from $348 to $332.5 per sq.feet. The price per sq.feet has had a considerable deflation of 74 % 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 $340.25 to $253 during September, and October.
Based upon to the price in Mcalester (cities), this has fallen considerably in the last 6 months. The average price for May is $389,513. During June the price had a considerable reduction till $284,613. During the following two months (July, August) the average price had a considerable reduction of 46 % 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 $246,462.5 to $141,614.5, which means a 57 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $123,252 they are 10 % more expensive than the average price for Mcalester. Following this ranking we find those properties with 4 at an average price of $2,737,041. The properties with the highest average price have 4 bedrooms, Their price is 2121 % more costly than the average. After that we have properties with 1 bedroom priced at $136,042.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $54 / sq.feet, with an average $90 / sq.feet price in Mcalester. The properties with the highest average prices have 4 bedrooms. They are 14039 % more expensive than the average followed by properties with 1 bedroom with a price at $54 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most costly one. At an cost of $123,252 it is 487 % 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 $723,902 it is 2121 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Duplex" at an average cost of $256 / sq.feet followed by "House" priced at $12,725 / sq.feet. "House" is the most costly type of property with a $12,725 / sq.feet cost followed by "Duplex" with an average price of $256 / sq.feet.