The prices in real estate in Marion, in the Arkansas region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Marion has remained the same in the last 6 months. In September, the average price per sq.feet was $96. In the following month the price per sq.feet increased to $105. The price for the following two months in (November, December) decreased 93 % with regard to the prior two months. The price per sq.feet has decreased 95 % 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 $97 to $92 during January, and February.
Based upon to the price in Marion (cities), this has gone up in the last 6 months. The price in September is $195,223, rising in October till $205,540. During the following two months (November, December) the average price had a considerable increase of 118 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $218,582.25 to $187,490.5 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $190,876 they are 52 % more affordable than the average price for Marion. The properties with the highest average price have 4 bedrooms, Their price is 138 % more costly than the average. After that we have properties with 1 bedroom priced at $172,662.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $40 / sq.feet, with an average $91 / sq.feet price in Marion. The properties with the highest average prices have 4 bedrooms. They are 18 % more expensive than the average followed by properties with 1 bedroom with a price at $71 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $190,876 it is 54 % 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 $87,912 it is 48 % 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 $43 / sq.feet followed by "Apartment" priced at $78 / sq.feet. "Apartment" is the cheapest type of property with a $78 / sq.feet value followed by "House" with an average price of $43 / sq.feet.