The prices in real estate in Des Arc, in the Arkansas region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Des Arc has fallen in the last 6 months. In October, the average price per sq.feet was $1,340. In the following month the price per sq.feet decreased considerably to $934. The price for the following two months in (December, January) had a considerable increment of 221 %. The price per sq.feet has had a considerable deflation of 10 % 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 $1,823.75 to $188.5 during February, and March.
Based upon to the price in Des Arc (cities), this has gone up considerably in the last 6 months. The average price for October is $218,267. During November the price had a slight fall till $188,375. During the following two months (December, January) the average price had a considerable reduction of 20 % 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 risen strongly 587 % during the last two months.