The prices in real estate in Bella Vista, 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 Bella Vista has fallen in the last 6 months. In May, the average price per sq.feet was $987. In the following month the price per sq.feet increased considerably to $1,484. The price for the following two months in (July, August) had a considerable decrease of 61 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 65 % 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 $997.5 to $652.5 during September, and October.
Based upon to the price in Bella Vista (cities), this has gone up considerably in the last 6 months. The price in May is $122,488, rising in June till $131,162. During the following two months (July, August) the average price had a considerable increase of 118 % 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 125 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 16 % cheaper than the average price of $144,197 in Bella Vista. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 16 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 207 % more costly than the average price of ($1,959 / sq.feet) in Bella Vista. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 207 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $170,744 it is 16 % cheaper than the average price in Bella Vista. "Condo" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "Condo". At a price of $172,702 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $204 / sq.feet followed by "Land" priced at $1,959 / sq.feet. "Condo" is the most costly type of property with a $12,015 / sq.feet cost followed by "Land" with an average price of $1,959 / sq.feet.