The prices in real estate in Hot Springs National Park, in the Arkansas region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Hot Springs National Park has increased during the last 6 months. In December, the average price per sq.feet was $115. In the following month the price per sq.feet decreased to $109. In the following two months the price per sq.feet has increased 113 %, going from $112 to $126 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $119 to $121.5 during April y May
Based upon to the price in Hot Springs National Park (cities), this has gone downing the last 6 months. The average price for December is $290,597. During January the price had a considerable reduction till $231,773. During the following two months (February, March) the price has had an average incrementation from $261,185 to $293,028.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $277,106.75 and $275,278 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $273,559 they are 42 % more affordable than the average price for Hot Springs National Park. The properties with the highest average price have 4 bedrooms, Their price is 73 % more costly than the average. After that we have properties with 3 bedrooms priced at $298,776.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $123 / sq.feet, with an average $120 / sq.feet price in Hot Springs National Park. The properties with the highest average prices have 1 bedroom. They are 117 % more expensive than the average followed by properties with 3 bedrooms with a price at $143 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $273,559 it is 5 % cheaper than the average price in Hot Springs National Park. "House" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $268,862 it is 109 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $120 / sq.feet followed by "Townhouse" priced at $137 / sq.feet. "Condo" is the most costly type of property with a $170 / sq.feet cost followed by "Townhouse" with an average price of $137 / sq.feet.