Property prices for sale in Bella Vista (Arkansas)
The prices in real estate in Bella Vista, 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 Bella Vista has increased strongly during the last 6 months. In October, the average price per sq.feet was $3,034. In the following month the price per sq.feet increased considerably to $4,315. The price for the following two months in (December, January) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has increased 106 % 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 $3,376 to $3,569.5 during February, and March.
Based upon to the price in Bella Vista (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $211,817. During November the price went through a considerable rise reaching $289,807. During the following two months (December, January) the price has had an average incrementation from $250,812 to $283,920.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $267,366.25 to $248,859 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $251,402 they are 44 % more affordable than the average price for Bella Vista. The properties with the highest average price have 4 bedrooms, Their price is 32 % more costly than the average. After that we have properties with 1 bedroom priced at $141,614.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $436 / sq.feet, with an average $3,808 / sq.feet price in Bella Vista. The properties with the lowest average prices have 1 bedroom. They are 50 % cheaper than the average followed by properties with 2 bedrooms with a price at $1,903 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $251,402 it is 92 % cheaper than the average price in Bella Vista. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $239,036 it is 1 % 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 $83 / sq.feet followed by "House" priced at $100 / sq.feet. "Apartment" is the cheapest type of property with a $503 / sq.feet value followed by "Townhouse" with an average price of $180 / sq.feet.
