The prices in real estate in Clarksville, 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 Clarksville has increased strongly during the last 6 months. In November, the average price per sq.feet was $224. In the following month the price per sq.feet increased considerably to $546. The price for the following two months in (January, February) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 64 % 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 $314.25 to $200.5 during March, and April.
Based upon to the price in Clarksville (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $246,516. In December This price remains at $253,041. In the following two months the average price has remained the same with regard to the previous two months from $249,778.5 to $260,560.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $255,169.5 to $234,178 in 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 $230,512 they are 61 % more affordable than the average price for Clarksville. The properties with the highest average price have 4 bedrooms, Their price is 73 % more costly than the average. After that we have properties with 3 bedrooms priced at $209,127.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $87 / sq.feet, with an average $150 / sq.feet price in Clarksville. The properties with the lowest average prices have 4 bedrooms. They are 7 % cheaper than the average followed by properties with 2 bedrooms with a price at $121 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $230,512 it is 31 % cheaper than the average price in Clarksville. "Commercial" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $255,596 it is 59 % 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 $123 / sq.feet followed by "Commercial" priced at $126 / sq.feet. "Land" is the most costly type of property with a $16,648 / sq.feet cost followed by "Detached House" with an average price of $131 / sq.feet.