Property prices for sale in Mabelvale (Arkansas)
The prices in real estate in Mabelvale, 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 Mabelvale has increased strongly during the last 6 months. In October, the average price per sq.feet was $121. In the following month the price per sq.feet increased considerably to $3,664. In the following two months the price per sq.feet has barely changed, going from $1,892.5 to $1,938.5 per sq.feet. The price per sq.feet has had a considerable increase of 367 % 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 $1,915.5 to $7,023.5 during February, and March.
Based upon to the price in Mabelvale (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $222,642. In November This price remains at $215,976. In the following two months the average price has remained the same with regard to the previous two months from $219,309 to $224,354.5. 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 $221,831.75 and $220,304 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $223,150 they are 69 % more affordable than the average price for Mabelvale. The properties with the lowest average price have 1 bedroom, Their price is 51 % cheaper than the average. After that we have properties with 2 bedrooms priced at $69,446.
With regard to the average prices per sq.feet those properties with 1 bedroom are 97 % cheaper than the average price of ($129 / sq.feet) in Mabelvale. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 97 % cheaper than the average value aforementioned.
According to average price per property type in Mabelvale, "" priced at $69,446 is 69 % cheaper than the average price ($223,150) in this city.
