The prices in real estate in Morrilton, in the Arkansas region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Morrilton has fallen in the last 6 months. In October, the average price per sq.feet was $118. In November this price pretty much remained the same at a value of $113 per sq.feet. The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $109.75 to $109.5 during February y March
Based upon to the price in Morrilton (cities), this has gone downing the last 6 months. The average price for October is $230,209. During November the price had a slight fall till $212,966. During the following two months (December, January) the average price fell 85 % with regard to the previous two months. 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 $205,423.25 and $212,088 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $221,428 they are 65 % more affordable than the average price for Morrilton. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $205,585.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $57 / sq.feet, with an average $112 / sq.feet price in Morrilton. The properties with the highest average prices have 2 bedrooms. They are 13 % more expensive than the average followed by properties with 3 bedrooms with a price at $118 / sq.feet.
With regard to the average price based upon the property in Morrilton we can see that the cheapest property type is "House" at a price of $217,790, they are 2 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 2 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $111 / sq.feet. "House" with an average cost of $111 / sq.feet has the lowest price and would be directed at less affluent cities.