The prices in real estate in Sallisaw, 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 Sallisaw has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $282. In the following month the price per sq.feet decreased considerably to $104. The price for the following two months in (January, February) had a considerable decrease of 56 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 64 % 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 $150.25 to $95.5 during March, and April.
Based upon to the price in Sallisaw (cities), these have remained the same in the last 6 months. The price in November is $204,759, rising in December till $225,961. In the following two months the average price has remained the same with regard to the previous two months from $215,360 to $219,903.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $217,631.75 to $192,324.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $194,614 they are 61 % more expensive than the average price for Sallisaw. Following this ranking we find those properties with 2 at an average price of $315,649. The properties with the highest average price have 1 bedroom, Their price is 63 % more costly than the average. After that we have properties with 2 bedrooms priced at $315,649.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $69 / sq.feet, with an average $97 / sq.feet price in Sallisaw. The properties with the lowest average prices have 1 bedroom. They are 18 % cheaper than the average followed by properties with 2 bedrooms with a price at $74 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $194,614 it is 2 % cheaper than the average price in Sallisaw. "Apartment" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Farm". At a price of $189,751 it is 61 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $21 / sq.feet followed by "Apartment" priced at $69 / sq.feet. "Apartment" is the cheapest type of property with a $69 / sq.feet value followed by "Farm" with an average price of $21 / sq.feet.