Property prices for sale in Athens (Alabama)
The prices in real estate in Athens, 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 Athens has increased strongly during the last 6 months. In October, the average price per sq.feet was $365. In the following month the price per sq.feet decreased considerably to $191. The price for the following two months in (December, January) had a considerable increment of 291 %. The price per sq.feet has had a considerable increase of 467 % 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 $543.75 to $2,538 during February, and March.
Based upon to the price in Athens (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $363,474. In November This price remains at $366,187. In the following two months the average price has remained the same with regard to the previous two months from $364,830.5 to $361,172. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $363,001.25 and $349,860.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $332,000 they are 24 % more affordable than the average price for Athens. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 1 bedroom priced at $308,133.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $191 / sq.feet, with an average $3,522 / sq.feet price in Athens. The properties with the highest average prices have 4 bedrooms. They are 50 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,686 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $332,000 it is 34 % cheaper than the average price in Athens. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $350,981 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $56 / sq.feet followed by "Condo" priced at $240 / sq.feet. "Land" is the most costly type of property with a $30,297 / sq.feet cost followed by "House" with an average price of $3,765 / sq.feet.
