Property prices for sale in Oak Creek (Colorado)
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 October, the average price per sq.feet was $445. In the following month the price per sq.feet increased considerably to $4,948. The price for the following two months in (December, January) had a considerable increment of 192 %. The price per sq.feet has had a considerable increase of 135 % 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 $3,941.5 to $5,324 during February, and March.
Based upon to the price in Oak Creek (cities), this has fallen considerably in the last 6 months. The average price for October is $925,731. During November the price had a considerable reduction till $751,298. In the following two months the average price has remained the same with regard to the previous two months from $838,514.5 to $877,430.5. During the last two months the average price has had a strong fall compared to the previous four going from $857,972.5 to $656,981, which means a 77 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $518,433 they are 45 % more affordable than the average price for Oak Creek. The properties with the highest average price have 4 bedrooms, Their price is 287 % more costly than the average. After that we have properties with 1 bedroom priced at $848,795.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $271 / sq.feet, with an average $10,268 / sq.feet price in Oak Creek. The properties with the lowest average prices have 4 bedrooms. They are 30 % cheaper than the average followed by properties with 1 bedroom with a price at $507 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $518,433 it is 50 % cheaper than the average price in Oak Creek. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $257,832 it is 99 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $265 / sq.feet followed by "House" priced at $417 / sq.feet. "House" is the cheapest type of property with a $417 / sq.feet value followed by "Condo" with an average price of $265 / sq.feet.
