Property prices for sale in Alba (Texas)

The prices in real estate in Alba, in the Texas 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.

$465,796.33
Average price last 6 months
$2,996.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Alba has increased strongly during the last 6 months. In January, the average price per sq.feet was $253. In the following month the price per sq.feet increased considerably to $4,339. The price for the following two months in (March, April) had a considerable increment of 155 %. The price per sq.feet has increased 107 % 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 $2,931 to $3,126.5 during May, and June.

Average price

Based upon to the price in Alba (cities), these have remained the same in the last 6 months. In our first sample month during January, the average price is $452,365. In February This price remains at $472,602. In the following two months the average price has remained the same with regard to the previous two months from $462,483.5 to $485,208. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $473,845.75 to $449,697.5 in May and June.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $450,475 they are 48 % more affordable than the average price for Alba. The properties with the highest average price have 4 bedrooms, Their price is 32 % more costly than the average. After that we have properties with 3 bedrooms priced at $553,153.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $204 / sq.feet, with an average $4,047 / sq.feet price in Alba. The properties with the lowest average prices have 3 bedrooms. They are 94 % cheaper than the average followed by properties with 2 bedrooms with a price at $219 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $450,475 it is 29 % cheaper than the average price in Alba. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $319,986 it is 9 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $235 / sq.feet followed by "Land" priced at $59,757 / sq.feet. "Land" is the most costly type of property with a $59,757 / sq.feet cost followed by "House" with an average price of $235 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Alba
Number of properties used in region Texas
$450,475
$4,047
432
2,088,250
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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