The prices in real estate in Marion, 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 Marion has increased strongly during the last 6 months. In June, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $928. The price for the following two months in (August, September) had a considerable decrease of 19 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 35 % 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 $275 to $97 during October, and November.
Based upon to the price in Marion (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is . During July the price went through a considerable rise reaching $190,290. During the following two months (August, September) the average price had a considerable increase of 207 % 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 149 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $205,516 they are 54 % more affordable than the average price for Marion. The properties with the highest average price have 4 bedrooms, Their price is 124 % more costly than the average. After that we have properties with 1 bedroom priced at $175,105.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $54 / sq.feet, with an average $98 / sq.feet price in Marion. The properties with the highest average prices have 4 bedrooms. They are 23 % more expensive than the average followed by properties with 1 bedroom with a price at $85 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $205,516 it is 57 % cheaper than the average price in Marion. "Apartment" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $89,159 it is 40 % 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 "Apartment" priced at $92 / sq.feet. "Apartment" is the cheapest type of property with a $92 / sq.feet value followed by "House" with an average price of $57 / sq.feet.