The prices in real estate in Wynne, in the Arkansas region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Wynne has fallen in the last 6 months. In September, the average price per sq.feet was $67. In October this price pretty much remained the same at a value of $69 per sq.feet. The price for the following two months in (November, December) decreased 91 % with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $65 to $59.5 during January, and February.
Based upon to the price in Wynne (cities), this has fallen considerably in the last 6 months. The average price for September is $157,360. During October the price had a slight fall till $148,220. During the following two months (November, December) the average price had a considerable reduction of 73 % 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 $132,512.25 to $109,327.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $110,180 they are 58 % more affordable than the average price for Wynne. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $117,530.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $38 / sq.feet, with an average $61 / sq.feet price in Wynne. The properties with the highest average prices have 3 bedrooms. They are 8 % more expensive than the average followed by properties with 4 bedrooms with a price at $64 / sq.feet.
With regard to the average price based upon the property in Wynne we can see that most expensive property type is "House" at a price of $112,469, they are 2 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 2 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $62 / sq.feet. "House" at an average price of $62 / sq.feet has the most expensive price and would be directed at more affluent cities.