Property prices for sale in Greenwood (Arkansas)
The prices in real estate in Greenwood, 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 Greenwood has increased strongly during the last 6 months. In November, the average price per sq.feet was $158. In December this price pretty much remained the same at a value of $153 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 247 %. The price per sq.feet has had a considerable deflation of 71 % 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 $269.5 to $191.5 during March, and April.
Based upon to the price in Greenwood (cities), this has gone downing the last 6 months. The average price for November is $319,388. During December the price had a slight fall till $297,154. During the following two months (January, February) the average price fell 93 % 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 gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $307,369 they are 32 % more affordable than the average price for Greenwood. The properties with the highest average price have 1 bedroom, Their price is 104 % more costly than the average. After that we have properties with 4 bedrooms priced at $401,925.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $141 / sq.feet, with an average $188 / sq.feet price in Greenwood. The properties with the highest average prices have 1 bedroom. They are 193 % more expensive than the average followed by properties with 4 bedrooms with a price at $158 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $307,369 it is 59 % cheaper than the average price in Greenwood. "Farm" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $305,038 it is 37 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $43 / sq.feet followed by "Duplex" priced at $88 / sq.feet. "Land" is the most costly type of property with a $192,494 / sq.feet cost followed by "House" with an average price of $156 / sq.feet.
