The prices in real estate in Piedmont, 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 Piedmont has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $774. In the following month the price per sq.feet decreased considerably to $525. The price for the following two months in (January, February) had a considerable decrease of 72 with regard to the prior two months. The price per sq.feet has decreased 90 % 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 $557.75 to $499.5 during March, and April.
Based upon to the price in Piedmont (cities), this has gone downing the last 6 months. The average price for November is $368,572. During December the price had a slight fall till $337,168. During the following two months (January, February) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $339,545.5 and $355,935.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $384,426 they are 54 % more affordable than the average price for Piedmont. The properties with the lowest average price have 2 bedrooms, Their price is 52 % cheaper than the average. After that we have properties with 1 bedroom priced at $177,571.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $59 / sq.feet, with an average $199 / sq.feet price in Piedmont. The properties with the lowest average prices have 1 bedroom. They are 69 % cheaper than the average followed by properties with 2 bedrooms with a price at $59 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $384,426 it is 52 % 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 $184,105 it is 43 % 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 $55 / sq.feet followed by "House" priced at $59 / sq.feet. "House" is the cheapest type of property with a $59 / sq.feet value followed by "Duplex" with an average price of $55 / sq.feet.