The prices in real estate in Barling, in the Arkansas 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 Barling has fallen in the last 6 months. In November, the average price per sq.feet was $172. In the following month the price per sq.feet decreased to $162. In the following two months the price per sq.feet has barely changed, going from $167 to $164 per sq.feet. The price per sq.feet has decreased 95 % 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 $165.5 to $156.5 during March, and April.
Based upon to the price in Barling (cities), this has fallen considerably in the last 6 months. The average price for November is $369,400. During December the price had a considerable reduction till $299,220. During the following two months (January, February) the average price fell 90 % 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 $317,473.25 to $258,393, which means a 81 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $264,075 they are 72 % more affordable than the average price for Barling. The properties with the highest average price have 1 bedroom, Their price is 79 % more costly than the average. After that we have properties with 3 bedrooms priced at $73,680.
With regard to the average prices per sq.feet those properties with 1 bedroom are 82 % cheaper than the average price of ($27 / sq.feet) in Barling. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 82 % cheaper than the average value aforementioned.
According to average price per property type in Barling, "" priced at $73,680 is 72 % cheaper than the average price ($264,075) in this city.