The prices in real estate in West Helena, 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 West Helena has increased strongly during the last 6 months. In November, the average price per sq.feet was $53. In December this price pretty much remained the same at a value of $52 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 1151 %. The price per sq.feet has had a considerable increase of 298 % 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 $328.5 to $978.5 during March, and April.
Based upon to the price in West Helena (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $100,580. In December This price remains at $97,391. During the following two months (January, February) the average price had a considerable increase of 164 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 128 % during the last two months.