The prices in real estate in Oak Creek, in the Colorado 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 Oak Creek has increased strongly during the last 6 months. In March, the average price per sq.feet was $189. In the following month the price per sq.feet increased considerably to $292. The price for the following two months in (May, June) had a considerable increment of 123 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $268.75 to $271 during July y August
Based upon to the price in Oak Creek (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $472,965. During April the price went through a considerable rise reaching $1,228,000. During the following two months (May, June) the average price had a considerable increase of 144 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $1,039,247.75 to $936,236 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,059,917 they are 86 % more affordable than the average price for Oak Creek. The properties with the lowest average price have 2 bedrooms, Their price is 42 % cheaper than the average. After that we have properties with 3 bedrooms priced at $525,645.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $160 / sq.feet, with an average $303 / sq.feet price in Oak Creek. The properties with the highest average prices have 2 bedrooms. They are 20 % more expensive than the average followed by properties with 3 bedrooms with a price at $233 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,059,917 it is 63 % cheaper than the average price in Oak Creek. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $396,966 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $241 / sq.feet followed by "Apartment" priced at $247 / sq.feet. "Apartment" is the cheapest type of property with a $247 / sq.feet value followed by "House" with an average price of $241 / sq.feet.