Property prices for sale in Alexander City (Alabama)
The prices in real estate in Alexander City, 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 Alexander City has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,153. In the following month the price per sq.feet increased considerably to $2,535. The price for the following two months in (December, January) had a considerable increment of 171 %. The price per sq.feet has had a considerable increase of 255 % 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 $2,500.5 to $6,378.5 during February, and March.
Based upon to the price in Alexander City (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $716,491. In November This price remains at $688,568. During the following two months (December, January) the price has had an average incrementation from $702,529.5 to $758,829.5. During the last two months the average price has had a strong fall compared to the previous four going from $730,679.5 to $550,738.5, which means a 75 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $555,313 they are 85 % more affordable than the average price for Alexander City. The properties with the highest average price have 4 bedrooms, Their price is 113 % more costly than the average. After that we have properties with 1 bedroom priced at $369,892.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $80 / sq.feet, with an average $8,091 / sq.feet price in Alexander City. The properties with the lowest average prices have 1 bedroom. They are 93 % cheaper than the average followed by properties with 4 bedrooms with a price at $429 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $555,313 it is 64 % 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 $200,516 it is 62 % 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 $321 / sq.feet followed by "Land" priced at $37,422 / sq.feet. "Land" is the most costly type of property with a $37,422 / sq.feet cost followed by "House" with an average price of $321 / sq.feet.
