Property prices for sale in Texarkana (Arkansas)
The prices in real estate in Texarkana, 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 Texarkana has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,031. In the following month the price per sq.feet increased considerably to $1,880. The price for the following two months in (December, January) had a considerable increment of 133 %. The price per sq.feet has had a considerable increase of 153 % 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 $1,698 to $2,590 during February, and March.
Based upon to the price in Texarkana (cities), this has gone downing the last 6 months. The average price for October is $235,310. During November the price had a slight fall till $204,776. During the following two months (December, January) the price has had an average incrementation from $220,043 to $240,072. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $230,057.5 to $209,390.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $213,976 they are 52 % more affordable than the average price for Texarkana. The properties with the highest average price have 4 bedrooms, Their price is 43 % more costly than the average. After that we have properties with 3 bedrooms priced at $240,977.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $121 / sq.feet, with an average $2,497 / sq.feet price in Texarkana. The properties with the lowest average prices have 3 bedrooms. They are 50 % cheaper than the average followed by properties with 4 bedrooms with a price at $551 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $213,976 it is 78 % cheaper than the average price in Texarkana. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $148,014 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $659 / sq.feet followed by "Land" priced at $1,067 / sq.feet. "Land" is the cheapest type of property with a $1,067 / sq.feet value followed by "House" with an average price of $659 / sq.feet.
