Property prices for sale in Okolona (Arkansas)
The prices in real estate in Okolona, in the Arkansas region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Okolona has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $126. In the following month the price per sq.feet decreased considerably to $101. In the following two months the price per sq.feet has barely changed, going from $113.5 to $113 per sq.feet. The price per sq.feet has had a considerable deflation of 83 % 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 $113.25 to $94.5 during March, and April.
Based upon to the price in Okolona (cities), these have remained the same in the last 6 months. The average price for November is $191,413. During December the price had a considerable reduction till $137,850. During the following two months (January, February) the average price had a considerable increase of 118 % 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 gone up 108 % during the last two months.
