The prices in real estate in Vilonia, 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 Vilonia has increased strongly during the last 6 months. In March, the average price per sq.feet was $262. In the following month the price per sq.feet increased considerably to $1,086. The price for the following two months in (May, June) had a considerable decrease of 43 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 22 % 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 $481.75 to $106.5 during July, and August.
Based upon to the price in Vilonia (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $98,754. During April the price went through a considerable rise reaching $1,017,123. During the following two months (May, June) the average price had a considerable reduction of 23 % 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 $343,912.5 to $216,015, which means a 63 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 63 % cheaper than the average price of $83,209 in Vilonia. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 63 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 67 % cheaper than the average price of ($35 / sq.feet) in Vilonia. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 67 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $224,782 it is 70 % cheaper than the average price in Vilonia. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $67,940 it is 63 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $35 / sq.feet followed by "Apartment" priced at $27,947 / sq.feet. "Apartment" is the most costly type of property with a $27,947 / sq.feet cost followed by "House" with an average price of $35 / sq.feet.