Property prices for sale in Gravette (Arkansas)
The prices in real estate in Gravette, 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 Gravette has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $10,738. In the following month the price per sq.feet decreased considerably to $2,979. The price for the following two months in (December, January) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable increase of 319 % 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 $4,015.75 to $12,824.5 during February, and March.
Based upon to the price in Gravette (cities), this has gone downing the last 6 months. The average price for October is $623,246. During November the price had a considerable reduction till $401,867. In the following two months the average price has remained the same with regard to the previous two months from $512,556.5 to $517,431.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % 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 $634,005 they are 81 % more affordable than the average price for Gravette. The properties with the lowest average price have 4 bedrooms, Their price is 26 % cheaper than the average. After that we have properties with 3 bedrooms priced at $421,751.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $162 / sq.feet, with an average $14,950 / sq.feet price in Gravette. The properties with the lowest average prices have 3 bedrooms. They are 98 % cheaper than the average followed by properties with 4 bedrooms with a price at $193 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $634,005 it is 60 % cheaper than the average price in Gravette. "Land" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $340,030 it is 31 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $64 / sq.feet followed by "House" priced at $207 / sq.feet. "House" is the cheapest type of property with a $207 / sq.feet value followed by "Land" with an average price of $64 / sq.feet.
