Property prices for sale in Gardendale (Alabama)
The prices in real estate in Gardendale, 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 Gardendale has increased strongly during the last 6 months. In October, the average price per sq.feet was $171. In the following month the price per sq.feet decreased to $159. The price for the following two months in (December, January) had a considerable increment of 408 %. The price per sq.feet has had a considerable increase of 590 % 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 $419 to $2,473.5 during February, and March.
Based upon to the price in Gardendale (cities), this has gone downing the last 6 months. The average price for October is $333,981. During November the price had a slight fall till $315,755. In the following two months the average price has remained the same with regard to the previous two months from $324,868 to $316,095.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $320,481.75 to $281,929.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $283,927 they are 13 % more affordable than the average price for Gardendale. The properties with the lowest average price have 2 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 1 bedroom priced at $278,107.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $75 / sq.feet, with an average $3,049 / sq.feet price in Gardendale. The properties with the lowest average prices have 1 bedroom. They are 97 % cheaper than the average followed by properties with 2 bedrooms with a price at $104 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $283,927 it is 54 % cheaper than the average price in Gardendale. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Townhouse". At a price of $130,485 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $7 / sq.feet followed by "Townhouse" priced at $15 / sq.feet. "Apartment" is the cheapest type of property with a $75 / sq.feet value followed by "Townhouse" with an average price of $15 / sq.feet.
