The prices in real estate in Witts Springs, 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 Witts Springs has increased strongly during the last 6 months. In November, the average price per sq.feet was $317. In December this price pretty much remained the same at a value of $317 per sq.feet. The price for the following two months in (January, February) decreased 87 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 170 % 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 $296.5 to $504 during March, and April.
Based upon to the price in Witts Springs (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $662,833. In December This price remains at $662,833. During the following two months (January, February) the average price had a considerable reduction of 83 % 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 $607,746.75 to $365,295, which means a 60 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 57 % cheaper than the average price of $93,000 in Witts Springs. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 57 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 89 % cheaper than the average price of ($81 / sq.feet) in Witts Springs. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 89 % cheaper than the average value aforementioned.