The prices in real estate in Lake Village, 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 Lake Village has increased during the last 6 months. In October, the average price per sq.feet was $67. In the following month the price per sq.feet increased considerably to $78. In the following two months the price per sq.feet has barely changed, going from $72.5 to $70 per sq.feet. The price per sq.feet has increased 105 % 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 $71.25 to $75 during February, and March.
Based upon to the price in Lake Village (cities), this has fallen considerably in the last 6 months. The average price for October is $231,016. During November the price had a considerable reduction till $157,329. During the following two months (December, January) the average price had a considerable reduction of 59 % with regard to the previous two months. 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 $153,953 and $151,261.5 between February and March.