The prices in real estate in Piedmont, 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 Piedmont has increased strongly during the last 6 months. In March, the average price per sq.feet was $138. In April this price pretty much remained the same at a value of $132 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $135 to $136 per sq.feet. The price per sq.feet has had a considerable increase of 320 % 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 $135.5 to $433 during July, and August.
Based upon to the price in Piedmont (cities), this has gone up considerably in the last 6 months. The price in March is $256,613, rising in April till $286,040. During the following two months (May, June) the price has had an average incrementation from $271,326.5 to $306,487. 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 $491,280 they are 63 % more affordable than the average price for Piedmont. The properties with the lowest average price have 2 bedrooms, Their price is 61 % cheaper than the average. After that we have properties with 1 bedroom priced at $183,364.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $91 / sq.feet, with an average $156 / sq.feet price in Piedmont. The properties with the lowest average prices have 1 bedroom. They are 40 % cheaper than the average followed by properties with 2 bedrooms with a price at $91 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $491,280 it is 61 % cheaper than the average price in Piedmont. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "House". At a price of $190,111 it is 54 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $87 / sq.feet followed by "House" priced at $91 / sq.feet. "House" is the cheapest type of property with a $91 / sq.feet value followed by "Duplex" with an average price of $87 / sq.feet.