Property prices for sale in Grand Bay (Alabama)

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.

$296,781
Average price last 6 months
$310.17
Price/sq.feet last 6 months
Average price per sq.feet

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.

Average price

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.

Average price per bedrooms

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.

Price per property type

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.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Grand Bay
Number of properties used in region Alabama
$535,187
$282
230
90,174
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value