The prices in real estate in Gulf Shores, in the Alabama region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Gulf Shores has remained the same in the last 6 months. In July, the average price per sq.feet was $363. In August this price pretty much remained the same at a value of $359 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $361 to $396.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $378.75 to $367 during November y December
Based upon to the price in Gulf Shores (cities), this has gone up in the last 6 months. In our first sample month during July, the average price is $525,259. In August This price remains at $526,023. During the following two months (September, October) the price has had an average incrementation from $525,641 to $583,810. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $528,479 they are 49 % more affordable than the average price for Gulf Shores. The properties with the highest average price have 4 bedrooms, Their price is 73 % more costly than the average. After that we have properties with 3 bedrooms priced at $520,747.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $314 / sq.feet, with an average $403 / sq.feet price in Gulf Shores. The properties with the highest average prices have 2 bedrooms. They are 9 % more expensive than the average followed by properties with 1 bedroom with a price at $416 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $528,479 it is 50 % cheaper than the average price in Gulf Shores. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $643,555 it is 143 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $218 / sq.feet followed by "House" priced at $303 / sq.feet. "Land" is the most costly type of property with a $283,000 / sq.feet cost followed by "Duplex" with an average price of $2,907 / sq.feet.