The prices in real estate in Stamps, 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 Stamps has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $29,386. In the following month the price per sq.feet decreased considerably to $17,651. The price for the following two months in (January, February) had a considerable decrease of 10 with regard to the prior two months. 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 $12,989.25 to $1,027.5 during March, and April.
Based upon to the price in Stamps (cities), this has gone downing the last 6 months. The average price for November is $134,000. During December the price had a slight fall till $125,200. During the following two months (January, February) the price has had an average incrementation from $129,600 to $146,494. During the last two months the average price has had a strong fall compared to the previous four going from $138,047 to $108,980, which means a 79 % fall.