The prices in real estate in Alma, in the Arkansas region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Alma has increased strongly during the last 6 months. In April, the average price per sq.feet was $201. In May this price pretty much remained the same at a value of $201 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 307 %. The price per sq.feet has had a considerable deflation of 19 % 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 $409.25 to $77 during August, and September.
Based upon to the price in Alma (cities), this has gone up considerably in the last 6 months. In our first sample month during April, the average price is $124,918. In May This price remains at $124,918. During the following two months (June, July) the average price had a considerable increase of 134 % 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 108 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 16 % more costly than the average price of $173,270 in Alma. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 16 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 585 % more costly than the average price of ($507 / sq.feet) in Alma. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 585 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $149,423 it is 5 % cheaper than the average price in Alma. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $173,254 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $9 / sq.feet followed by "Commercial" priced at $31 / sq.feet. "House" is the most costly type of property with a $507 / sq.feet cost followed by "Commercial" with an average price of $31 / sq.feet.