The prices in real estate in Hackett, 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 Hackett has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $9,117. In the following month the price per sq.feet decreased considerably to $112. The price for the following two months in (August, September) had a considerable decrease of 11 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 11 % 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 $2,552.25 to $289 during October, and November.
Based upon to the price in Hackett (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is $61,425. During July the price went through a considerable rise reaching $117,338. During the following two months (August, September) the average price had a considerable increase of 752 % 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 132 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 50 % cheaper than the average price of $130,028 in Hackett. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 50 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 95 % cheaper than the average price of ($5 / sq.feet) in Hackett. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 95 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $261,731 it is 85 % cheaper than the average price in Hackett. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $39,339 it is 50 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $5 / sq.feet followed by "Townhouse" priced at $6 / sq.feet. "Townhouse" is the cheapest type of property with a $6 / sq.feet value followed by "House" with an average price of $5 / sq.feet.