The prices in real estate in Dothan, in the Alabama region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Dothan has fallen in the last 6 months. In October, the average price per sq.feet was $102. In November this price pretty much remained the same at a value of $98 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $100 to $97 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $98.5 to $95.5 during February y March
Based upon to the price in Dothan (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $185,975. During November the price went through a considerable rise reaching $219,623. During the following two months (December, January) the average price had a considerable increase of 118 % 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 $221,555 and $219,021 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $200,994 they are 29 % more affordable than the average price for Dothan. The properties with the highest average price have 1 bedroom, Their price is 634 % more costly than the average. After that we have properties with 4 bedrooms priced at $268,252.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $105 / sq.feet, with an average $92 / sq.feet price in Dothan. The properties with the highest average prices have 1 bedroom. They are 2676 % more expensive than the average followed by properties with 2 bedrooms with a price at $2,253 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $200,994 it is 33 % cheaper than the average price in Dothan. "Commercial" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $197,732 it is 3 % 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 $86 / sq.feet followed by "Land" priced at $1,864 / sq.feet. "Condo" is the most costly type of property with a $5,033 / sq.feet cost followed by "Commercial" with an average price of $3,666 / sq.feet.