The prices in real estate in Paris, 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 Paris has increased strongly during the last 6 months. In October, the average price per sq.feet was $99. In the following month the price per sq.feet increased considerably to $129. The price for the following two months in (December, January) had a considerable increment of 137 %. The price per sq.feet has had a considerable increase of 269 % 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 $135 to $363.5 during February, and March.
Based upon to the price in Paris (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $173,475. During November the price went through a considerable rise reaching $235,533. In the following two months the average price has remained the same with regard to the previous two months from $204,504 to $202,525. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.