The prices in real estate in Witter, 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 Witter has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,268. In the following month the price per sq.feet increased considerably to $3,448. The price for the following two months in (January, February) had a considerable decrease of 64 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 83 % 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 $1,933 to $1,599.5 during March, and April.
Based upon to the price in Witter (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $209,488. In December This price remains at $209,488. During the following two months (January, February) the price has had an average incrementation from $209,488 to $233,125. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 85 %, going from $221,306.5 to $188,400 in March and April.