The prices in real estate in Arkansas City, in the Kansas region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Arkansas City has fallen in the last 6 months. In October, the average price per sq.feet was $89. In November this price pretty much remained the same at a value of $93 per sq.feet. The price for the following two months in (December, January) decreased 86 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $84.5 to $83 during February y March
Based upon to the price in Arkansas City (cities), this has gone downing the last 6 months. The price in October is $159,286, rising in November till $173,154. During the following two months (December, January) the average price had a considerable reduction of 84 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $153,280.25 to $126,132.5, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $136,868 they are 71 % more affordable than the average price for Arkansas City. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $140,536.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $38 / sq.feet, with an average $92 / sq.feet price in Arkansas City. The properties with the lowest average prices have 4 bedrooms. They are 4 % cheaper than the average followed by properties with 3 bedrooms with a price at $86 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $136,868 it is 73 % cheaper than the average price in Arkansas City. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $36,557 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $82 / sq.feet followed by "Land" priced at $14,329 / sq.feet. "Land" is the most costly type of property with a $14,329 / sq.feet cost followed by "House" with an average price of $82 / sq.feet.