The prices in real estate in Hensley, 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 Hensley has increased strongly during the last 6 months. In October, the average price per sq.feet was $122. In the following month the price per sq.feet increased considerably to $1,047. The price for the following two months in (December, January) had a considerable decrease of 27 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 45 % 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 $369.75 to $167.5 during February, and March.
Based upon to the price in Hensley (cities), this has gone up considerably in the last 6 months. The price in October is $239,937, rising in November till $261,040. During the following two months (December, January) the average price had a considerable increase of 127 % 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 119 % during the last two months.