The prices in real estate in Paron, 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 Paron has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $7,508. In the following month the price per sq.feet decreased considerably to $3,288. The price for the following two months in (January, February) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable increase of 130 % 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 $2,699 to $3,516 during March, and April.
Based upon to the price in Paron (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $259,000. During December the price went through a considerable rise reaching $313,938. During the following two months (January, February) the average price had a considerable reduction of 0 % 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 379 % during the last two months.