Property prices for sale in Mansfield (Arkansas)
The prices in real estate in Mansfield, 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 Mansfield has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $1,098. In the following month the price per sq.feet decreased considerably to $310. The price for the following two months in (October, November) had a considerable decrease of 16 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 24 % 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 $407.5 to $96 during December, and January.
Based upon to the price in Mansfield (cities), these have remained the same in the last 6 months. The average price for August is $162,827. During September the price had a slight fall till $147,273. In the following two months the average price has remained the same with regard to the previous two months from $155,050 to $153,807.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 3 % cheaper than the average price of $183,077 in Mansfield. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 3 % more affordable than the average aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $189,409 it is 27 % cheaper than the average price in Mansfield. "" is seen as the second most affordable property type. The cheapest type property is "" followed by "Apartment". At a price of $139,044 it is 3 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $5 / sq.feet. "Apartment" with an average cost of $5 / sq.feet has the lowest price and would be directed at less affluent cities.
