The prices in real estate in Wynne, 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 Wynne has increased strongly during the last 6 months. In March, the average price per sq.feet was $38. In the following month the price per sq.feet decreased considerably to $28. The price for the following two months in (May, June) had a considerable increment of 158 %. The price per sq.feet has had a considerable increase of 186 % 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 $42.5 to $79 during July, and August.
Based upon to the price in Wynne (cities), this has gone up in the last 6 months. The average price for March is $144,506. During April the price had a considerable reduction till $55,052. During the following two months (May, June) the average price had a considerable increase of 167 % 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 149 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $215,861 they are 80 % more affordable than the average price for Wynne. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 3 bedrooms priced at $229,310.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $43 / sq.feet, with an average $80 / sq.feet price in Wynne. The properties with the highest average prices have 2 bedrooms. They are 18 % more expensive than the average followed by properties with 3 bedrooms with a price at $91 / sq.feet.
With regard to the average price based upon the property in Wynne we can see that the cheapest property type is "House" at a price of $166,233, they are 23 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 23 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $65 / sq.feet. "House" with an average cost of $65 / sq.feet has the lowest price and would be directed at less affluent cities.