The prices in real estate in Tecumseh, 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 Tecumseh has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $2,254. In the following month the price per sq.feet decreased considerably to $1,110. The price for the following two months in (May, June) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable increase of 274 % 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 $983.25 to $2,695.5 during July, and August.
Based upon to the price in Tecumseh (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $128,996. During April the price went through a considerable rise reaching $155,200. During the following two months (May, June) the average price had a considerable increase of 140 % 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 $170,709.25 and $177,165 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $171,900 they are 55 % more affordable than the average price for Tecumseh. The properties with the highest average price have 1 bedroom, Their price is 50 % more costly than the average. After that we have properties with 2 bedrooms priced at $256,587.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $7 / sq.feet, with an average $4,214 / sq.feet price in Tecumseh. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $57 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $171,900 it is 55 % cheaper than the average price in Tecumseh. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $77,882 it is 49 % 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 $7 / sq.feet followed by "House" priced at $57 / sq.feet. "House" is the cheapest type of property with a $57 / sq.feet value followed by "Apartment" with an average price of $7 / sq.feet.