The prices in real estate in Mayflower, 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 Mayflower has increased strongly during the last 6 months. In October, the average price per sq.feet was $132. In the following month the price per sq.feet increased to $151. The price for the following two months in (December, January) had a considerable increment of 176 %. The price per sq.feet has had a considerable increase of 590 % 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 $195 to $1,150.5 during February, and March.
Based upon to the price in Mayflower (cities), this has fallen considerably in the last 6 months. The average price for October is $343,070. During November the price had a considerable reduction till $239,381. In the following two months the average price has remained the same with regard to the previous two months from $291,225.5 to $291,429.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $291,327.5 and $277,686.5 between February and March.