Property prices for sale in West Memphis (Arkansas)

The prices in real estate in West Memphis, 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.

$138,515.33
Average price last 6 months
$109.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in West Memphis has increased strongly during the last 6 months. In April, the average price per sq.feet was $87. In the following month the price per sq.feet increased considerably to $324. The price for the following two months in (June, July) had a considerable decrease of 32 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 43 % 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 $135.5 to $58 during August, and September.

Average price

Based upon to the price in West Memphis (cities), this has gone downing the last 6 months. The average price during our first sample month during April, is $150,955. During May the price went through a considerable rise reaching $187,533. During the following two months (June, July) the average price fell 94 % 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 $164,582 to $86,382, which means a 52 % fall.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 19 % cheaper than the average price of $83,626 in West Memphis. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 19 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 423 % more costly than the average price of ($345 / sq.feet) in West Memphis. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 423 % more costly than the average value aforementioned.

Price per property type

The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $102,847 it is 84 % cheaper than the average price in West Memphis. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $16,339 it is 19 % more affordable than the average price.

According to the average area price by sq.feet the most costly property type is "House with an average price of $345 / sq.feet. "House" at an average price of $345 / sq.feet has the most expensive price and would be directed at more affluent cities.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in West Memphis
Number of properties used in region Arkansas
$102,847
$66
132
116,374
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value