The prices in real estate in Bay, 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 Bay has increased strongly during the last 6 months. In June, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to . The price for the following two months in (August, September) had a considerable increment of 2147483647 %. The price per sq.feet has had a considerable increase of 170 % 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 $89.25 to $151.5 during October, and November.
Based upon to the price in Bay (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is . During July the price went through a considerable rise reaching . During the following two months (August, September) the average price had a considerable increase of 2147483647 % 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 risen strongly 164 % 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 $205,082 they are 38 % more affordable than the average price for Bay. The properties with the lowest average price have 1 bedroom, Their price is 7 % cheaper than the average. After that we have properties with 4 bedrooms priced at $172,621.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $88 / sq.feet, with an average $121 / sq.feet price in Bay. The properties with the highest average prices have 1 bedroom. They are 121 % more expensive than the average followed by properties with 2 bedrooms with a price at $108 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $205,082 it is 16 % cheaper than the average price in Bay. "Commercial" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $171,619 it is 752 % 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 $109 / sq.feet followed by "Commercial" priced at $1,254 / sq.feet. "Commercial" is the most costly type of property with a $1,254 / sq.feet cost followed by "House" with an average price of $109 / sq.feet.