Property prices for sale in Dothan (Alabama)
The prices in real estate in Dothan, 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 Dothan has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,810. In the following month the price per sq.feet decreased considerably to $1,054. The price for the following two months in (December, January) had a considerable decrease of 74 with regard to the prior two months. 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 $1,244 to $1,192 during February y March
Based upon to the price in Dothan (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $235,562. In November This price remains at $241,716. In the following two months the average price has remained the same with regard to the previous two months from $238,639 to $248,656.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $257,302 they are 45 % more affordable than the average price for Dothan. The properties with the highest average price have 1 bedroom, Their price is 470 % more costly than the average. After that we have properties with 4 bedrooms priced at $262,665.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $84 / sq.feet, with an average $1,554 / sq.feet price in Dothan. The properties with the highest average prices have 2 bedrooms. They are 137 % more expensive than the average followed by properties with 1 bedroom with a price at $2,536 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $257,302 it is 62 % cheaper than the average price in Dothan. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Detached House". At a price of $341,280 it is 132 % 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 $65 / sq.feet followed by "Condo" priced at $97 / sq.feet. "Apartment" is the most costly type of property with a $1,822 / sq.feet cost followed by "Commercial" with an average price of $148 / sq.feet.
