The prices in real estate in Grand Bay, 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 Grand Bay has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $367. In the following month the price per sq.feet increased considerably to $795. The price for the following two months in (September, October) had a considerable decrease of 19 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 69 % 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 $346.5 to $237.5 during November, and December.
Based upon to the price in Grand Bay (cities), this has gone up considerably in the last 6 months. The price in July is $248,114, rising in August till $263,267. During the following two months (September, October) the average price fell 86 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 175 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 69 % cheaper than the average price of $168,477 in Grand Bay. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 69 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 84 % cheaper than the average price of ($46 / sq.feet) in Grand Bay. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 84 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Grand Bay we can see that the cheapest property type is "Apartment" at a price of $168,477, they are 69 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 69 % 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 $46 / sq.feet. "Apartment" with an average cost of $46 / sq.feet has the lowest price and would be directed at less affluent cities.