Property prices for sale in Grand Bay (Alabama)
The prices in real estate in Grand Bay, 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 Grand Bay has increased strongly during the last 6 months. In November, the average price per sq.feet was $143. In the following month the price per sq.feet increased considerably to $2,699. The price for the following two months in (January, February) had a considerable increment of 593 %. The price per sq.feet has had a considerable increase of 194 % 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 $4,927 to $9,569.5 during March, and April.
Based upon to the price in Grand Bay (cities), these have remained the same in the last 6 months. The average price for November is $249,422. During December the price had a slight fall till $220,172. In the following two months the average price has remained the same with regard to the previous two months from $234,797 to $237,963. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % 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 $273,932 they are 40 % more affordable than the average price for Grand Bay. The properties with the lowest average price have 1 bedroom, Their price is 40 % cheaper than the average. After that we have properties with 2 bedrooms priced at $163,810.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $18 / sq.feet, with an average $7,838 / sq.feet price in Grand Bay. 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 $18 / sq.feet.
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 $163,810, they are 40 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 40 % 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 $18 / sq.feet. "Apartment" with an average cost of $18 / sq.feet has the lowest price and would be directed at less affluent cities.
