Property prices for sale in Elmore (Alabama)

The prices in real estate in Elmore, 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.

$173,676
Average price last 6 months
$8,557
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Elmore has increased strongly during the last 6 months. In September, the average price per sq.feet was $132. In the following month the price per sq.feet increased considerably to $14,529. In the following two months the price per sq.feet has increased 110 %, going from $7,330.5 to $8,046 per sq.feet. The price per sq.feet has had a considerable deflation of 78 % 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 $7,688.25 to $6,016 during January, and February.

Average price

Based upon to the price in Elmore (cities), this has fallen considerably in the last 6 months. The average price for September is $198,068. During October the price had a considerable reduction till $133,600. During the following two months (November, December) the average price had a considerable increase of 121 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $183,649.5 to $66,891, which means a 36 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $133,782 they are 29 % more expensive than the average price for Elmore. Following this ranking we find those properties with 1 at an average price of $174,968. The properties with the highest average price have 1 bedroom, Their price is 31 % more costly than the average. After that we have properties with 2 bedrooms priced at $172,591.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $47 / sq.feet, with an average $12,032 / sq.feet price in Elmore. The properties with the lowest average prices have 1 bedroom. They are 100 % cheaper than the average followed by properties with 2 bedrooms with a price at $47 / sq.feet.

Price per property type

With regard to the average price based upon the property in Elmore we can see that most expensive property type is "Apartment" at a price of $172,591, they are 29 % more costly than the average price of (!PRECIO2!). "Apartment" has the highest price. This price is 29 % more expensive than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $47 / sq.feet. "Apartment" with an average cost of $47 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Elmore
Number of properties used in region Alabama
$133,782
$12,032
114
1,399,252
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value