The prices in real estate in Oak, in the Nebraska 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 Oak has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $158. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (August, September) had a considerable increment of 205 %. The price per sq.feet has had a considerable increase of 132 % 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 $120.5 to $158.5 during October, and November.
Based upon to the price in Oak (cities), this has gone up considerably in the last 6 months. The average price for June is $132,200. During July the price had a considerable reduction till . During the following two months (August, September) the average price had a considerable increase of 477 % 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 risen strongly 151 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $291,039 they are 55 % more affordable than the average price for Oak. The properties with the highest average price have 4 bedrooms, Their price is 32 % more costly than the average. After that we have properties with 3 bedrooms priced at $279,692.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $145 / sq.feet, with an average $163 / sq.feet price in Oak. The properties with the highest average prices have 3 bedrooms. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at $165 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most costly one. At an cost of $291,039 it is 18 % more expensive than the average price in Oak. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Commercial". At a price of $342,363 it is 21 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $84 / sq.feet followed by "House" priced at $170 / sq.feet. "House" is the most costly type of property with a $170 / sq.feet cost followed by "Commercial" with an average price of $84 / sq.feet.