Property prices for sale in Arkansas region

The price per sq.feet in Arkansas has increased strongly in the last 6 months. During November, the average price per sq.feet was $438. In December the price pretty much stayed the same at $453 per sq.feet. In the following two months (January, February) the price per sq.feet has risen strongly to a 140 %. In the last two months, the price per sq.feet has had a significant increase of 140 %. This has been obtained by comparing the price of $535.5 for the first four months of the sample with regard to the previous 4 months and the price of $749 per sq.feet for the last two months (March, April).

Based upon to the price in Arkansas(region), these have remained the same in the last 6 months. November has an average price of $325,313. During December the price had a slight deflation till $299,312. The average price for the following two months (January, February) increased from $312,312.5 to $329,199. During the last two months the price has reduced 94 % compared to the previous average values going from $320,755.75 a $300,044.5 in March and April.

The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 35 % more affordable than the average price in Arkansas followed by those with 1 with an average price of $210,132. The most costly properties have 4 bedrooms. They are 43 % more expensive than the average followed by those properties with 3 bedrooms priced at $280,258.

Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $161 / sq.feet being $233 / sq.feet the average value within the Arkansas region. The properties with the most expensive average price are those with 4 bedrooms. These are 35 % more costly than the average followed by those with 1 bedroom with a price of $284 / sq.feet.

The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $294,109 it is 50 % more affordable than the average in Arkansas. This is followed by "Condo" with a price of $289,490. The dearest property type is "Farm" and is 329 % more expensive than the average, followed by "Townhouse" with a cost of $503,772.

Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $96 / sq.feet, followed by "House" with a price of $210 / sq.feet. "Farm" with an average price of $2,012 / sq.feet is the most costly type of property followed by "Land" at a price of $1,106 / sq.feet.