The prices in real estate in North Little Rock, 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 North Little Rock has increased strongly during the last 6 months. In August, the average price per sq.feet was $63. In the following month the price per sq.feet increased to $69. The price for the following two months in (October, November) had a considerable increment of 127 %. The price per sq.feet has had a considerable increase of 477 % 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 $75 to $358 during December, and January.
Based upon to the price in North Little Rock (cities), this has gone up considerably in the last 6 months. The price in August is $113,396, rising in September till $126,347. During the following two months (October, November) the average price had a considerable increase of 150 % 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 128 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 167 % more costly than the average price of $264,812 in North Little Rock. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 167 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2 % more costly than the average price of ($637 / sq.feet) in North Little Rock. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Office" as the most costly one. At an cost of $99,182 it is 79 % more expensive than the average price in North Little Rock. "Townhouse" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Condo". At a price of $249,039 it is 167 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $41 / sq.feet followed by "Townhouse" priced at $147 / sq.feet. "Apartment" is the most costly type of property with a $637 / sq.feet cost followed by "Condo" with an average price of $589 / sq.feet.