The prices in real estate in Spencer, 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 Spencer has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $77. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (November, December) had a considerable decrease of 68 with regard to the prior two months. The price per sq.feet has had a considerable increase of 183 % 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 $32.25 to $59 during January, and February.
Based upon to the price in Spencer (cities), this has fallen considerably in the last 6 months. The average price for September is $120,742. During October the price had a considerable reduction till . During the following two months (November, December) the average price had a considerable reduction of 65 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 187 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $107,960 they are 37 % more affordable than the average price for Spencer. The properties with the lowest average price have 2 bedrooms, Their price is 14 % cheaper than the average. After that we have properties with 1 bedroom priced at $68,255.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $46 / sq.feet, with an average $69 / sq.feet price in Spencer. The properties with the lowest average prices have 1 bedroom. They are 7 % cheaper than the average followed by properties with 2 bedrooms with a price at $46 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $107,960 it is 41 % cheaper than the average price in Spencer. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $64,026 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $31 / sq.feet followed by "Apartment" priced at $46 / sq.feet. "Apartment" is the cheapest type of property with a $46 / sq.feet value followed by "House" with an average price of $31 / sq.feet.