The prices in real estate in Centerton, 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 Centerton has increased strongly during the last 6 months. In November, the average price per sq.feet was $201. In December this price pretty much remained the same at a value of $206 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 77 with regard to the prior two months. The price per sq.feet has had a considerable increase of 394 % 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 $179.75 to $708.5 during March, and April.
Based upon to the price in Centerton (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $434,415. In December This price remains at $440,388. In the following two months the average price has remained the same with regard to the previous two months from $437,401.5 to $427,419. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $432,410.25 and $438,549 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $457,084 they are 45 % more affordable than the average price for Centerton. The properties with the lowest average price have 2 bedrooms, Their price is 44 % cheaper than the average. After that we have properties with 1 bedroom priced at $249,631.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $101 / sq.feet, with an average $672 / sq.feet price in Centerton. The properties with the highest average prices have 2 bedrooms. They are 417 % more expensive than the average followed by properties with 1 bedroom with a price at $101 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $457,084 it is 45 % cheaper than the average price in Centerton. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $249,279 it is 44 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Detached House" at an average cost of $3,371 / sq.feet followed by "House" priced at $3,471 / sq.feet. "House" is the most costly type of property with a $3,471 / sq.feet cost followed by "Detached House" with an average price of $3,371 / sq.feet.