The prices in real estate in Western Grove, 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 Western Grove has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $9,778. In the following month the price per sq.feet decreased considerably to $2,524. The price for the following two months in (January, February) had a considerable decrease of 22 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 50 % 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 $3,757.75 to $1,887.5 during March, and April.
Based upon to the price in Western Grove (cities), this has gone downing the last 6 months. The average price for November is $286,600. During December the price had a slight fall till $250,160. In the following two months the average price has remained the same with regard to the previous two months from $268,380 to $255,792.5. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.