The average price in the Arkansas region has had a slight decrease in recent months. There has been a deflation in the prices in this region.
The price per sq.feet in Arkansas has risen in the last 6 months. During September, the average price per sq.feet was $111. In October the price pretty much stayed the same at $108 per sq.feet. The following two months (November, December) there has been a deflation of 91 % in the price per sq.feet with regard to the previous two. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.feet of $104.75 to $105 during January and February.
Based upon to the price in Arkansas(region), these have remained the same in the last 6 months. In the first month sample September the average price is $235,965. In October the price was the same at $243,491. The average price for the following two months (November, December) decreased 91 % compared to the prior two. During the last two months the price has risen 106 % compared to the previous average values going from $228,817.75 a $242,753.5 in January and February.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 48 % more affordable than the average price in Arkansas followed by those with 2 with an average price of $138,691. The most costly properties have 4 bedrooms. They are 37 % more expensive than the average followed by those properties with 3 bedrooms priced at $193,732.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $102 / sq.feet being $105 / sq.feet the average value within the Arkansas region. The properties with the most expensive average price are those with 1 bedroom. These are 27 % more costly than the average followed by those with 4 bedrooms with a price of $115 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $233,323 it is 21 % more affordable than the average in Arkansas. This is followed by "Townhouse" with a price of $185,099. The dearest property type is "Farm" and is 214 % more expensive than the average, followed by "Commercial" with a cost of $723,438.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $100 / sq.feet, followed by "Townhouse" with a price of $104 / sq.feet. "Farm" with an average price of $300 / sq.feet is the most costly type of property followed by "Condo" at a price of $163 / sq.feet.