The prices in real estate in Medicine Park, 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 Medicine Park has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $16,841. In the following month the price per sq.feet decreased to $14,466. The price for the following two months in (May, June) had a considerable decrease of 1 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 3 % 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 $7,939 to $216.5 during July, and August.
Based upon to the price in Medicine Park (cities), this has gone up considerably in the last 6 months. The price in March is $358,283, rising in April till $394,800. During the following two months (May, June) the average price had a considerable increase of 115 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.