The prices in real estate in El Dorado, in the Arkansas region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in El Dorado has increased during the last 6 months. In October, the average price per sq.feet was $72. In the following month the price per sq.feet increased to $80. In the following two months the price per sq.feet has increased 105 %, going from $76 to $80 per sq.feet. The price per sq.feet has decreased 92 % 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 $78 to $72 during February, and March.
Based upon to the price in El Dorado (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $184,366. During November the price went through a considerable rise reaching $220,934. In the following two months the average price has remained the same with regard to the previous two months from $202,650 to $195,656.5. 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 $199,153.25 to $182,732 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $184,754 they are 79 % more affordable than the average price for El Dorado. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $129,908.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $2 / sq.feet, with an average $73 / sq.feet price in El Dorado. The properties with the lowest average prices have 4 bedrooms. They are 18 % cheaper than the average followed by properties with 3 bedrooms with a price at $44 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $184,754 it is 29 % cheaper than the average price in El Dorado. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $130,700 it is 26 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $33 / sq.feet followed by "House" priced at $41 / sq.feet. "House" is the cheapest type of property with a $41 / sq.feet value followed by "Apartment" with an average price of $33 / sq.feet.