The prices in real estate in Sallisaw, 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 Sallisaw has increased strongly during the last 6 months. In February, the average price per sq.feet was $64. In the following month the price per sq.feet increased to $69. The price for the following two months in (April, May) had a considerable increment of 667 %. The price per sq.feet has had a considerable deflation of 65 % 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 $255 to $166 during June, and July.
Based upon to the price in Sallisaw (cities), this has gone up considerably in the last 6 months. The price in February is $137,623, rising in March till $157,295. During the following two months (April, May) the average price had a considerable increase of 525 % 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 $460,796.75 to $325,725, which means a 71 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $418,225 they are 24 % more affordable than the average price for Sallisaw. The properties with the lowest average price have 1 bedroom, Their price is 24 % cheaper than the average. After that we have properties with 2 bedrooms priced at $318,508.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $78 / sq.feet, with an average $178 / sq.feet price in Sallisaw. The properties with the lowest average prices have 1 bedroom. They are 53 % cheaper than the average followed by properties with 2 bedrooms with a price at $83 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $418,225 it is 54 % cheaper than the average price in Sallisaw. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Farm". At a price of $191,472 it is 24 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $30 / sq.feet followed by "Apartment" priced at $78 / sq.feet. "Apartment" is the cheapest type of property with a $78 / sq.feet value followed by "Farm" with an average price of $30 / sq.feet.