Property prices for sale in Mustang (Oklahoma)
The prices in real estate in Mustang, 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 Mustang has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $273. In the following month the price per sq.feet decreased considerably to $155. The price for the following two months in (December, January) had a considerable decrease of 79 with regard to the prior two months. The price per sq.feet has decreased 87 % 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 $191.25 to $167 during February, and March.
Based upon to the price in Mustang (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $314,369. In November This price remains at $319,517. In the following two months the average price has remained the same with regard to the previous two months from $316,943 to $313,702. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $315,322.5 and $301,129 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $302,558 they are 23 % more affordable than the average price for Mustang. The properties with the highest average price have 1 bedroom, Their price is 17 % more costly than the average. After that we have properties with 4 bedrooms priced at $349,274.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $145 / sq.feet, with an average $168 / sq.feet price in Mustang. The properties with the highest average prices have 1 bedroom. They are 255 % more expensive than the average followed by properties with 4 bedrooms with a price at $227 / sq.feet.
The graph displaying the average prices displays the property type "Mobile Home" as the most affordable one. At an cost of $302,558 it is 16 % cheaper than the average price in Mustang. "Detached House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Townhouse". At a price of $406,629 it is 87 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $164 / sq.feet followed by "Townhouse" priced at $190 / sq.feet. "Land" is the most costly type of property with a $1,317 / sq.feet cost followed by "Mobile Home" with an average price of $947 / sq.feet.
