Property prices for sale in Russellville (Arkansas)
The prices in real estate in Russellville, 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 Russellville has increased strongly during the last 6 months. In October, the average price per sq.feet was $126. In November this price pretty much remained the same at a value of $129 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $127.5 to $135.5 per sq.feet. The price per sq.feet has had a considerable increase of 171 % 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 $131.5 to $225 during February, and March.
Based upon to the price in Russellville (cities), this has gone up considerably in the last 6 months. The price in October is $218,993, rising in November till $243,129. During the following two months (December, January) the price has had an average incrementation from $231,061 to $250,945. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $253,309 they are 55 % more affordable than the average price for Russellville. The properties with the highest average price have 4 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $190,495.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $125 / sq.feet, with an average $145 / sq.feet price in Russellville. The properties with the highest average prices have 1 bedroom. They are 59 % more expensive than the average followed by properties with 4 bedrooms with a price at $177 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $253,309 it is 22 % cheaper than the average price in Russellville. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $207,332 it is 39 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $133 / sq.feet followed by "House" priced at $155 / sq.feet. "Apartment" is the most costly type of property with a $313 / sq.feet cost followed by "House" with an average price of $155 / sq.feet.
