The prices in real estate in Bull Shoals, 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 Bull Shoals has increased strongly during the last 6 months. In November, the average price per sq.feet was $263. In the following month the price per sq.feet increased considerably to $1,176. The price for the following two months in (January, February) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 165 % 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 $690.5 to $1,142.5 during March, and April.
Based upon to the price in Bull Shoals (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $306,033. In December This price remains at $309,989. In the following two months the average price has remained the same with regard to the previous two months from $308,011 to $309,763.5. During the last two months the average price has had a strong fall compared to the previous four going from $308,887.25 to $249,872, which means a 81 % fall.