The prices in real estate in Medicine Park, 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 Medicine Park has increased strongly during the last 6 months. In November, the average price per sq.feet was $531. In the following month the price per sq.feet decreased considerably to $230. The price for the following two months in (January, February) had a considerable increment of 1517 %. The price per sq.feet has had a considerable increase of 509 % 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 $3,076 to $15,653.5 during March, and April.
Based upon to the price in Medicine Park (cities), this has fallen considerably in the last 6 months. The average price for November is $764,235. During December the price had a considerable reduction till $454,621. During the following two months (January, February) the average price had a considerable reduction of 82 % 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 $554,910.5 to $376,541.5, which means a 68 % fall.