Property prices for sale in Ola (Arkansas)
The prices in real estate in Ola, 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 Ola has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $3,624. In the following month the price per sq.feet decreased considerably to $49. The price for the following two months in (January, February) had a considerable decrease of 2 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 9 % 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 $934.75 to $85.5 during March, and April.
Based upon to the price in Ola (cities), this has fallen considerably in the last 6 months. The average price for November is $88,571. During December the price had a considerable reduction till $51,200. During the following two months (January, February) the average price had a considerable reduction of 47 % 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 241 % during the last two months.
