The prices in real estate in Okmulgee, in the Oklahoma 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 Okmulgee has increased strongly during the last 6 months. In February, the average price per sq.feet was $94. In March this price pretty much remained the same at a value of $94 per sq.feet. The price for the following two months in (April, May) had a considerable increment of 769 %. The price per sq.feet has had a considerable deflation of 70 % 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 $408.5 to $287 during June, and July.
Based upon to the price in Okmulgee (cities), this has fallen considerably in the last 6 months. In our first sample month during February, the average price is $414,752. In March This price remains at $414,752. During the following two months (April, May) the average price had a considerable reduction of 38 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $285,614 to $44,545.5, which means a 16 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $89,091 they are 75 % more expensive than the average price for Okmulgee. Following this ranking we find those properties with 2 at an average price of $218,867. The properties with the highest average price have 2 bedrooms, Their price is 146 % more costly than the average. After that we have properties with 1 bedroom priced at $156,319.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $722 / sq.feet, with an average $574 / sq.feet price in Okmulgee. The properties with the highest average prices have 2 bedrooms. They are 64 % more expensive than the average followed by properties with 1 bedroom with a price at $722 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $89,091 it is 146 % more expensive than the average price in Okmulgee. "Office" is seen as the second dearest property type. The dearest property type is "Office" followed by "House". At a price of $218,867 it is 362 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $87 / sq.feet followed by "House" priced at $940 / sq.feet. "House" is the most costly type of property with a $940 / sq.feet cost followed by "Office" with an average price of $87 / sq.feet.