Property prices for sale in Harrison (Arkansas)
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 October, the average price per sq.feet was $1,603. In the following month the price per sq.feet decreased considerably to $430. The price for the following two months in (December, January) had a considerable increment of 144 %. The price per sq.feet has had a considerable increase of 127 % 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 $1,241 to $1,581 during February, and March.
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 October, is $211,856. During November the price went through a considerable rise reaching $251,482. During the following two months (December, January) 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 110 % 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 $254,740 they are 30 % more affordable than the average price for Harrison. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 1 bedroom priced at $297,063.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $154 / sq.feet, with an average $1,782 / sq.feet price in Harrison. The properties with the highest average prices have 1 bedroom. They are 39 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,440 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $254,740 it is 54 % cheaper than the average price in Harrison. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Detached House". At a price of $422,714 it is 173 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $151 / sq.feet followed by "Commercial" priced at $192 / sq.feet. "Land" is the most costly type of property with a $6,282 / sq.feet cost followed by "House" with an average price of $1,925 / sq.feet.
