The prices in real estate in Fultondale, 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.
The price per sq.feet in Fultondale has increased strongly during the last 6 months. In November, the average price per sq.feet was $152. In December this price pretty much remained the same at a value of $148 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 238 %. The price per sq.feet has had a considerable increase of 130 % 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 $253.5 to $330.5 during March, and April.
Based upon to the price in Fultondale (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $239,472. In December This price remains at $247,754. During the following two months (January, February) the price has had an average incrementation from $243,613 to $257,032.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $274,320 they are 75 % more affordable than the average price for Fultondale. The properties with the lowest average price have 3 bedrooms, Their price is 48 % cheaper than the average. After that we have properties with 1 bedroom priced at $68,276.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $3 / sq.feet, with an average $155 / sq.feet price in Fultondale. The properties with the lowest average prices have 3 bedrooms. They are 65 % cheaper than the average followed by properties with 1 bedroom with a price at $9 / sq.feet.
With regard to the average price based upon the property in Fultondale we can see that the cheapest property type is "Apartment" at a price of $152,159, they are 45 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 45 % more affordable 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.