The prices in real estate in Malvern, 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 Malvern has increased during the last 6 months. In October, the average price per sq.feet was $66. In the following month the price per sq.feet increased to $70. In the following two months the price per sq.feet has increased 107 %, going from $68 to $72.5 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 $70.25 to $68.5 during February y March
Based upon to the price in Malvern (cities), this has gone up considerably in the last 6 months. The price in October is $122,117, rising in November till $129,133. During the following two months (December, January) the average price had a considerable increase of 121 % 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 125 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $179,365 they are 64 % more affordable than the average price for Malvern. The properties with the highest average price have 4 bedrooms, Their price is 136 % more costly than the average. After that we have properties with 3 bedrooms priced at $207,285.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $49 / sq.feet, with an average $71 / sq.feet price in Malvern. The properties with the highest average prices have 4 bedrooms. They are 32 % more expensive than the average followed by properties with 3 bedrooms with a price at $75 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $179,365 it is 48 % cheaper than the average price in Malvern. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $93,115 it is 89 % 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 $57 / sq.feet followed by "Land" priced at $475 / sq.feet. "Land" is the most costly type of property with a $475 / sq.feet cost followed by "House" with an average price of $57 / sq.feet.