The average price in the Oklahoma region has had a strong decrease in recent months. There has been a strong deflation in the prices in this region.
The price per sq.feet in Oklahoma has risen considerably in the last 6 months. During May, the average price per sq.feet was $1,253. The following month (June) the price had a considerable deflation reaching $488 per sq.feet. The following two months (July, August) went through a considerable deflation of 66 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant decrease of 60 %. This has been obtained by comparing the price of $724.5 for the first four months of the sample with regard to the previous 4 months and the price of $435.5 per sq.feet for the last two months (September, October).
Based upon to the price in Oklahoma (region), this has decreased in the last 6 months. May has an average price of $307,322. During June the price had a slight deflation till $266,182. The average price for the following two months (July, August) decreased 88 % compared to the prior two. During the last two months the price has risen 105 % compared to the previous average values going from $269,338.5 a $283,436 in September and October.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 61 % more affordable than the average price in Oklahoma followed by those with 2 with an average price of $185,942. The most costly properties have 4 bedrooms. They are 46 % more expensive than the average followed by those properties with 3 bedrooms priced at $228,471.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $94 / sq.feet being $167 / sq.feet the average value within the Oklahoma region. The properties with the most expensive average price are those with 4 bedrooms. These are 471 % more costly than the average followed by those with 1 bedroom with a price of $128 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $299,109 it is 51 % more affordable than the average in Oklahoma. This is followed by "Condo" with a price of $194,010. The dearest property type is "Commercial" and is 388 % more expensive than the average, followed by "Villa" with a cost of $1,180,224.
Based on the average cost per sq.feet the cheapest property type is "House with a an average cost of $117 / sq.feet, followed by "Townhouse" with a price of $148 / sq.feet. "Land" with an average price of $18,099 / sq.feet is the most costly type of property followed by "Villa" at a price of $4,876 / sq.feet.