Property prices for sale in Conway (Arkansas)
The prices in real estate in Conway, 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 Conway has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,413. In the following month the price per sq.feet decreased considerably to $779. The price for the following two months in (December, January) had a considerable increment of 200 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,645.75 to $1,708.5 during February y March
Based upon to the price in Conway (cities), these have remained the same in the last 6 months. The average price for October is $317,138. During November the price had a slight fall till $292,979. In the following two months the average price has remained the same with regard to the previous two months from $305,058.5 to $312,212.5. 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 $310,650 they are 89 % more affordable than the average price for Conway. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $236,535.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $32 / sq.feet, with an average $1,464 / sq.feet price in Conway. The properties with the lowest average prices have 4 bedrooms. They are 17 % cheaper than the average followed by properties with 2 bedrooms with a price at $159 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $310,650 it is 70 % cheaper than the average price in Conway. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $169,681 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $10 / sq.feet followed by "Condo" priced at $28 / sq.feet. "Apartment" is the cheapest type of property with a $1,050 / sq.feet value followed by "House" with an average price of $814 / sq.feet.
