The prices in real estate in Albertville, in the Alabama 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 Albertville has increased strongly during the last 6 months. In October, the average price per sq.feet was $158. In November this price pretty much remained the same at a value of $156 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $157 to $156.5 per sq.feet. The price per sq.feet has had a considerable increase of 331 % 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 $156.75 to $519.5 during February, and March.
Based upon to the price in Albertville (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $325,353. In November This price remains at $318,657. During the following two months (December, January) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $300,002.75 to $270,737.5 in February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 48 % cheaper than the average price of $139,593 in Albertville. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 48 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 59 % cheaper than the average price of ($357 / sq.feet) in Albertville. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 59 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $268,082 it is 68 % cheaper than the average price in Albertville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $84,824 it is 48 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $299 / sq.feet followed by "House" priced at $357 / sq.feet. "House" is the cheapest type of property with a $357 / sq.feet value followed by "Condo" with an average price of $299 / sq.feet.