Property prices for sale in Alabama region

The average price in the Alabama region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.

$370,726.83
Average price last 6 months
$718.00
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Alabama has increased strongly in the last 6 months. During October, the average price per sq.feet was $578. The following month (November) the price had a considerable increase reaching $922 per sq.feet. The following two months (December, January) went through a considerable deflation of 43 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant increase of 201 %. This has been obtained by comparing the price of $536.5 for the first four months of the sample with regard to the previous 4 months and the price of $1,081 per sq.feet for the last two months (February, March).

Average price

Based upon to the price in Alabama(region), this has increased in the last 6 months. In the first month sample October the average price is $350,123. In November the price was the same at $352,909. In the following two months the average price didn't change much compared to the previous two going from $351,516 to $359,047.5. During the last two months the price has risen 113 % compared to the previous average values going from $355,281.75 a $401,617 in February and March.

Average price per bedrooms

The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 40 % more affordable than the average price in Alabama followed by those with 2 with an average price of $246,958. The most costly properties have 4 bedrooms. They are 22 % more expensive than the average followed by those properties with 3 bedrooms priced at $299,133.

Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $202 / sq.feet being $1,945 / sq.feet the average value within the Alabama region. The properties with the most expensive average price are those with 4 bedrooms. These are 59 % more costly than the average followed by those with 1 bedroom with a price of $338 / sq.feet.

Price per property type

The graph displaying the average price according to the property type shows "Townhouse" as the cheapest one. With an average cost of $398,083 it is 34 % more affordable than the average in Alabama. This is followed by "Land" with a price of $270,318. The dearest property type is "Apartment" and is 37 % more expensive than the average, followed by "Condo" with a cost of $440,121.

Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $103 / sq.feet, followed by "Townhouse" with a price of $131 / sq.feet. "Land" with an average price of $2,834 / sq.feet is the most costly type of property followed by "House" at a price of $2,547 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in region Alabama
$398,083
$1,945
1,185,362
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value