The prices in real estate in Foreman, in the Arkansas region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Foreman has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $9,135. In the following month the price per sq.feet increased considerably to $16,327. The price for the following two months in (January, February) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 24 % 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 $6,365.5 to $1,517.5 during March, and April.
Based upon to the price in Foreman (cities), this has fallen considerably in the last 6 months. The average price for November is $222,878. During December the price had a considerable reduction till $160,200. During the following two months (January, February) the average price had a considerable reduction of 0 % 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 220 % during the last two months.