Property prices for sale in Centre (Alabama)
The prices in real estate in Centre, 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 Centre has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $6,134. In the following month the price per sq.feet decreased considerably to $588. The price for the following two months in (December, January) had a considerable decrease of 18 with regard to the prior two months. The price per sq.feet has decreased 95 % 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 $1,983 to $1,881 during February, and March.
Based upon to the price in Centre (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $281,468. During November the price went through a considerable rise reaching $329,037. During the following two months (December, January) the average price fell 91 % 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 $292,065.75 and $303,691.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $306,787 they are 11 % more affordable than the average price for Centre. The properties with the highest average price have 4 bedrooms, Their price is 70 % more costly than the average. After that we have properties with 2 bedrooms priced at $484,793.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $174 / sq.feet, with an average $3,570 / sq.feet price in Centre. The properties with the lowest average prices have 1 bedroom. They are 86 % cheaper than the average followed by properties with 2 bedrooms with a price at $277 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $306,787 it is 63 % cheaper than the average price in Centre. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $113,887 it is 19 % 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 $201 / sq.feet followed by "Land" priced at $52,457 / sq.feet. "Land" is the most costly type of property with a $52,457 / sq.feet cost followed by "House" with an average price of $201 / sq.feet.
