The prices in real estate in Pine Bluff, 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 Pine Bluff has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $629. In the following month the price per sq.feet decreased to $553. In the following two months the price per sq.feet has increased 113 %, going from $591 to $665.5 per sq.feet. The price per sq.feet has had a considerable deflation of 8 % 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 $628.25 to $52 during August, and September.
Based upon to the price in Pine Bluff (cities), this has gone up considerably in the last 6 months. The average price for April is $107,188. During May the price had a considerable reduction till $83,500. During the following two months (June, July) the average price had a considerable increase of 299 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $190,207 to $129,597.5, which means a 68 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $116,378 they are 351 % more expensive than the average price for Pine Bluff. Following this ranking we find those properties with 1 at an average price of $1,190,075. The properties with the highest average price have 1 bedroom, Their price is 923 % more costly than the average. After that we have properties with 4 bedrooms priced at $525,287.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $945 / sq.feet, with an average $47 / sq.feet price in Pine Bluff. The properties with the highest average prices have 1 bedroom. They are 2181 % more expensive than the average followed by properties with 4 bedrooms with a price at $945 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most costly one. At an cost of $116,378 it is 351 % more expensive than the average price in Pine Bluff. "Condo" is seen as the second dearest property type. The dearest property type is "Condo" followed by "Land". At a price of $525,287 it is 922 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Land" at an average cost of $945 / sq.feet followed by "Condo" priced at $1,070 / sq.feet. "Condo" is the most costly type of property with a $1,070 / sq.feet cost followed by "Land" with an average price of $945 / sq.feet.