The prices in real estate in Poteau, 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 Poteau has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,011. In the following month the price per sq.feet decreased considerably to $73. The price for the following two months in (December, January) had a considerable decrease of 15 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 29 % 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 $310.75 to $89.5 during February, and March.
Based upon to the price in Poteau (cities), this has fallen considerably in the last 6 months. The average price for October is $1,427,685. During November the price had a considerable reduction till $157,713. During the following two months (December, January) the average price had a considerable reduction of 21 % 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 $480,860.25 to $189,807.5, which means a 39 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 11 % cheaper than the average price of $177,960 in Poteau. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 11 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 44 % cheaper than the average price of ($50 / sq.feet) in Poteau. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 44 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $199,140 it is 11 % cheaper than the average price in Poteau. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $177,960 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $50 / sq.feet followed by "House" priced at $69 / sq.feet. "House" is the cheapest type of property with a $69 / sq.feet value followed by "Apartment" with an average price of $50 / sq.feet.