The prices in real estate in Okmulgee, 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 Okmulgee has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $5,328. In the following month the price per sq.feet decreased considerably to $4,298. The price for the following two months in (May, June) had a considerable decrease of 58 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 49 % 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 $3,790.75 to $1,870.5 during July, and August.
Based upon to the price in Okmulgee (cities), this has gone up considerably in the last 6 months. In our first sample month during March, the average price is $94,422. In April This price remains at $92,737. During the following two months (May, June) the average price had a considerable increase of 1754 % 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 326 % 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 $1,005,333 they are 85 % more affordable than the average price for Okmulgee. The properties with the lowest average price have 2 bedrooms, Their price is 79 % cheaper than the average. After that we have properties with 1 bedroom priced at $152,904.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $700 / sq.feet, with an average $1,034 / sq.feet price in Okmulgee. The properties with the lowest average prices have 2 bedrooms. They are 11 % cheaper than the average followed by properties with 1 bedroom with a price at $700 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,005,333 it is 79 % cheaper than the average price in Okmulgee. "Office" is seen as the second most affordable property type. The cheapest type property is "Office" followed by "House". At a price of $214,092 it is 60 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $65 / sq.feet followed by "House" priced at $918 / sq.feet. "House" is the cheapest type of property with a $918 / sq.feet value followed by "Office" with an average price of $65 / sq.feet.