Property prices for sale in Huntsville (Alabama)
The prices in real estate in Huntsville, 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 Huntsville has increased strongly during the last 6 months. In October, the average price per sq.feet was $176. In November this price pretty much remained the same at a value of $173 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $174.5 to $180.5 per sq.feet. The price per sq.feet has had a considerable increase of 250 % 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 $177.5 to $444.5 during February, and March.
Based upon to the price in Huntsville (cities), these have remained the same in the last 6 months. The price in October is $395,089, rising in November till $422,995. In the following two months the average price has remained the same with regard to the previous two months from $409,042 to $396,519. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $402,780.5 and $412,286 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $372,713 they are 66 % more affordable than the average price for Huntsville. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 3 bedrooms priced at $314,436.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $173 / sq.feet, with an average $605 / sq.feet price in Huntsville. The properties with the highest average prices have 4 bedrooms. They are 70 % more expensive than the average followed by properties with 3 bedrooms with a price at $856 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $372,713 it is 42 % cheaper than the average price in Huntsville. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Apartment". At a price of $509,978 it is 219 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $171 / sq.feet followed by "Detached House" priced at $183 / sq.feet. "Land" is the most costly type of property with a $125,465 / sq.feet cost followed by "House" with an average price of $597 / sq.feet.
