The prices in real estate in Arnold, in the Missouri 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 Arnold has increased strongly during the last 6 months. In November, the average price per sq.feet was $140. In the following month the price per sq.feet increased considerably to $289. The price for the following two months in (January, February) had a considerable decrease of 62 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 83 % 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 $174.25 to $144.5 during March, and April.
Based upon to the price in Arnold (cities), these have remained the same in the last 6 months. The average price for November is $256,024. During December the price had a considerable reduction till $191,524. During the following two months (January, February) the price has had an average incrementation from $223,774 to $247,774.5. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $268,731 they are 5 % more affordable than the average price for Arnold. The properties with the highest average price have 1 bedroom, Their price is 1 % more costly than the average. After that we have properties with 2 bedrooms priced at $256,295.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $141 / sq.feet, with an average $146 / sq.feet price in Arnold. The properties with the highest average prices have 1 bedroom. They are 1 % more expensive than the average followed by properties with 2 bedrooms with a price at $141 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $268,731 it is 14 % cheaper than the average price in Arnold. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $230,286 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $124 / sq.feet followed by "Apartment" priced at $141 / sq.feet. "Apartment" is the cheapest type of property with a $141 / sq.feet value followed by "Condo" with an average price of $124 / sq.feet.