Property prices for sale in Cabot (Arkansas)
The prices in real estate in Cabot, 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 Cabot has increased strongly during the last 6 months. In October, the average price per sq.feet was $994. In the following month the price per sq.feet increased considerably to $1,800. 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 had a considerable deflation of 84 % 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 $1,282.25 to $1,082.5 during February, and March.
Based upon to the price in Cabot (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $266,469. In November This price remains at $273,251. During the following two months (December, January) the average price fell 94 % 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 gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $291,559 they are 66 % more affordable than the average price for Cabot. The properties with the lowest average price have 4 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 3 bedrooms priced at $172,605.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $67 / sq.feet, with an average $1,178 / sq.feet price in Cabot. The properties with the lowest average prices have 4 bedrooms. They are 91 % cheaper than the average followed by properties with 3 bedrooms with a price at $93 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $291,559 it is 63 % cheaper than the average price in Cabot. "Detached House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $219,678 it is 1 % 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 $93 / sq.feet followed by "Apartment" priced at $136 / sq.feet. "Detached House" is the most costly type of property with a $1,455 / sq.feet cost followed by "Apartment" with an average price of $136 / sq.feet.
