The prices in real estate in Mansfield, 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 Mansfield has increased strongly during the last 6 months. In March, the average price per sq.feet was $277. In the following month the price per sq.feet decreased to $259. The price for the following two months in (May, June) had a considerable increment of 471 %. The price per sq.feet has had a considerable deflation of 74 % 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 $765.5 to $564.5 during July, and August.
Based upon to the price in Mansfield (cities), this has gone up considerably in the last 6 months. The average price for March is $491,625. During April the price had a slight fall till $464,188. During the following two months (May, June) the average price had a considerable increase of 416 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,232,206 to $907,823, which means a 74 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 62 % cheaper than the average price of $179,801 in Mansfield. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 62 % more affordable than the average aforementioned.
According to average price per property type in Mansfield, "" priced at $179,801 is 62 % cheaper than the average price ($477,982) in this city.