The prices in real estate in Ashdown, 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 Ashdown has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $8,804. In the following month the price per sq.feet decreased considerably to $6,454. The price for the following two months in (January, February) had a considerable decrease of 2 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 10 % 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 $3,876.5 to $371 during March, and April.
Based upon to the price in Ashdown (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $219,247. In December This price remains at $218,683. In the following two months the average price has remained the same with regard to the previous two months from $218,965 to $229,590.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $224,277.75 to $200,372 in March and April.