The prices in real estate in Rush Springs, 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 Rush Springs has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $3,178. In the following month the price per sq.feet decreased considerably to $2,553. The price for the following two months in (January, February) had a considerable increment of 123 %. The price per sq.feet has had a considerable deflation of 56 % 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 $3,200.5 to $1,796 during March, and April.
Based upon to the price in Rush Springs (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $230,749. In December This price remains at $219,306. During the following two months (January, February) the average price had a considerable reduction of 71 % 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 $192,144.25 and $186,805.5 between March and April.