The prices in real estate in Harrison, 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 Harrison has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $2,429. In the following month the price per sq.feet decreased considerably to $1,125. The price for the following two months in (August, September) had a considerable decrease of 6 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 14 % 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 $941.5 to $127.5 during October, and November.
Based upon to the price in Harrison (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is $132,267. During July the price went through a considerable rise reaching $181,161. During the following two months (August, September) the average price had a considerable increase of 117 % 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 107 % 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 $190,857 they are 37 % more affordable than the average price for Harrison. The properties with the highest average price have 1 bedroom, Their price is 91 % more costly than the average. After that we have properties with 2 bedrooms priced at $120,128.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $163 / sq.feet, with an average $115 / sq.feet price in Harrison. The properties with the highest average prices have 2 bedrooms. They are 2073 % more expensive than the average followed by properties with 1 bedroom with a price at $163 / sq.feet.
With regard to the average price based upon the property in Harrison we can see that the cheapest property type is "House" at a price of $120,128, they are 37 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 37 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $2,499 / sq.feet. "House" at an average price of $2,499 / sq.feet has the most expensive price and would be directed at more affluent cities.