Property prices for sale in Cave Springs (Arkansas)

The prices in real estate in Cave Springs, in the Arkansas region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$951,465.33
Average price last 6 months
$5,977.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Cave Springs has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $9,514. In the following month the price per sq.feet decreased considerably to $1,468. The price for the following two months in (December, January) had a considerable decrease of 57 with regard to the prior two months. The price per sq.feet has had a considerable increase of 215 % 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 $4,317.75 to $9,298 during February, and March.

Average price

Based upon to the price in Cave Springs (cities), this has fallen considerably in the last 6 months. The average price for October is $1,937,982. During November the price had a considerable reduction till $597,863. During the following two months (December, January) the average price had a considerable reduction of 63 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,032,580.5 to $789,235, which means a 76 % fall.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 61 % cheaper than the average price of $298,542 in Cave Springs. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 61 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 62 % more costly than the average price of ($11,926 / sq.feet) in Cave Springs. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 62 % more costly than the average value aforementioned.

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $758,758 it is 61 % cheaper than the average price in Cave Springs. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $298,542 it is 49 % more affordable than the average price.

According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $11,926 / sq.feet followed by "Apartment" priced at $32,703 / sq.feet. "Apartment" is the most costly type of property with a $32,703 / sq.feet cost followed by "House" with an average price of $11,926 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Cave Springs
Number of properties used in region Arkansas
$758,758
$7,358
330
214,602
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value