Property prices for sale in Hughes (Arkansas)
The prices in real estate in Hughes, 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 Hughes has increased strongly during the last 6 months. In November, the average price per sq.feet was $277. In the following month the price per sq.feet increased considerably to $14,521. The price for the following two months in (January, February) had a considerable decrease of 1 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 4 % 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 $3,730 to $154 during March, and April.
Based upon to the price in Hughes (cities), this has fallen considerably in the last 6 months. The price in November is $622,500, rising in December till $661,429. During the following two months (January, February) the average price had a considerable reduction of 26 % 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 115 % during the last two months.
