The prices in real estate in Alexander, in the Arkansas 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 Alexander has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $2,138. In the following month the price per sq.feet decreased considerably to $1,064. The price for the following two months in (August, September) had a considerable decrease of 7 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 13 % 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 $855 to $112.5 during October, and November.
Based upon to the price in Alexander (cities), this has fallen considerably in the last 6 months. The average price for June is $330,467. During July the price had a considerable reduction till $212,010. During the following two months (August, September) the average price fell 95 % 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 gone up 109 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 87 % cheaper than the average price of $36,963 in Alexander. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 87 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 73 % more costly than the average price of ($192 / sq.feet) in Alexander. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 73 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $290,308 it is 87 % cheaper than the average price in Alexander. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Land". At a price of $36,963 it is 75 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $50 / sq.feet followed by "Land" priced at $192 / sq.feet. "Land" is the most costly type of property with a $192 / sq.feet cost followed by "Townhouse" with an average price of $50 / sq.feet.