Property prices for sale in Alexander City (Alabama)
The prices in real estate in Alexander City, in the Alabama region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Alexander City has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $8,091. In the following month the price per sq.feet decreased considerably to $419. The price for the following two months in (May, June) had a considerable decrease of 12 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 66 % 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 $2,375 to $1,556.5 during July, and August.
Based upon to the price in Alexander City (cities), this has gone up in the last 6 months. The average price during our first sample month during March, is $555,313. During April the price went through a considerable rise reaching $686,951. In the following two months the average price has remained the same with regard to the previous two months from $621,132 to $649,205. During the last two months the average price has had a strong fall compared to the previous four going from $635,168.5 to $534,009, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $492,946 they are 83 % more affordable than the average price for Alexander City. The properties with the highest average price have 4 bedrooms, Their price is 138 % more costly than the average. After that we have properties with 1 bedroom priced at $368,044.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $75 / sq.feet, with an average $2,608 / sq.feet price in Alexander City. The properties with the lowest average prices have 1 bedroom. They are 78 % cheaper than the average followed by properties with 4 bedrooms with a price at $424 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $492,946 it is 60 % cheaper than the average price in Alexander City. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $199,513 it is 81 % 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 $316 / sq.feet followed by "Land" priced at $37,232 / sq.feet. "Land" is the most costly type of property with a $37,232 / sq.feet cost followed by "House" with an average price of $316 / sq.feet.
