The prices in real estate in Malvern, in the Arkansas region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Malvern has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $744. In the following month the price per sq.feet decreased considerably to $68. The price for the following two months in (September, October) had a considerable decrease of 16 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 26 % 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 $234.75 to $61 during November, and December.
Based upon to the price in Malvern (cities), these have remained the same in the last 6 months. The price in July is $107,278, rising in August till $115,728. In the following two months the average price has remained the same with regard to the previous two months from $111,503 to $109,058. During the last two months the average price has had a strong fall compared to the previous four going from $110,280.5 to $89,106, which means a 81 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 270 % more costly than the average price of $344,553 in Malvern. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 270 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 666 % more costly than the average price of ($490 / sq.feet) in Malvern. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 666 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Malvern we can see that most expensive property type is "House" at a price of $344,553, they are 270 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 270 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $490 / sq.feet. "House" at an average price of $490 / sq.feet has the most expensive price and would be directed at more affluent cities.