The prices in real estate in Foley, in the Alabama region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Foley has remained the same in the last 6 months. In October, the average price per sq.feet was $128. In the following month the price per sq.feet decreased to $117. In the following two months the price per sq.feet has barely changed, going from $122.5 to $127.5 per sq.feet. The price per sq.feet has increased 110 % 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 $125 to $137.5 during February, and March.
Based upon to the price in Foley (cities), these have remained the same in the last 6 months. The average price for October is $249,940. During November the price had a slight fall till $231,266. In the following two months the average price has remained the same with regard to the previous two months from $240,603 to $238,238.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $281,174 they are 19 % more affordable than the average price for Foley. The properties with the lowest average price have 4 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 1 bedroom priced at $249,380.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $106 / sq.feet, with an average $140 / sq.feet price in Foley. The properties with the highest average prices have 1 bedroom. They are 108 % more expensive than the average followed by properties with 2 bedrooms with a price at $123 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $281,174 it is 33 % cheaper than the average price in Foley. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Office". At a price of $249,589 it is 115 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $59 / sq.feet followed by "Townhouse" priced at $67 / sq.feet. "Land" is the most costly type of property with a $5,183 / sq.feet cost followed by "Condo" with an average price of $129 / sq.feet.