Property prices for sale in Cedar Bluff (Alabama)
The prices in real estate in Cedar Bluff, 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 Cedar Bluff has increased strongly during the last 6 months. In November, the average price per sq.feet was $246. In the following month the price per sq.feet decreased to $213. The price for the following two months in (January, February) had a considerable increment of 7631 %. The price per sq.feet has had a considerable increase of 219 % 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 $8,871.25 to $19,468 during March, and April.
Based upon to the price in Cedar Bluff (cities), this has fallen considerably in the last 6 months. The average price for November is $371,408. During December the price had a considerable reduction till $268,350. During the following two months (January, February) the average price had a considerable reduction of 70 % with regard to the previous two months. 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 $271,720.75 and $285,138 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $322,343 they are 2 % more expensive than the average price for Cedar Bluff. Following this ranking we find those properties with 2 at an average price of $353,125. The properties with the highest average price have 4 bedrooms, Their price is 155 % more costly than the average. After that we have properties with 1 bedroom priced at $561,175.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $191 / sq.feet, with an average $15,745 / sq.feet price in Cedar Bluff. The properties with the lowest average prices have 1 bedroom. They are 96 % cheaper than the average followed by properties with 2 bedrooms with a price at $338 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $322,343 it is 62 % cheaper than the average price in Cedar Bluff. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $122,624 it is 42 % 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 $241 / sq.feet followed by "Land" priced at $83,962 / sq.feet. "Land" is the most costly type of property with a $83,962 / sq.feet cost followed by "House" with an average price of $241 / sq.feet.
