Property prices for sale in Leesburg (Alabama)
The prices in real estate in Leesburg, 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 Leesburg has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,783. In the following month the price per sq.feet decreased considerably to $273. The price for the following two months in (December, January) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 233 % 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 $1,467.75 to $3,423 during February, and March.
Based upon to the price in Leesburg (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is $375,495. During November the price went through a considerable rise reaching $461,666. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $408,036 to $343,620, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $318,725 they are 16 % more affordable than the average price for Leesburg. The properties with the highest average price have 4 bedrooms, Their price is 33 % more costly than the average. After that we have properties with 3 bedrooms priced at $319,877.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $197 / sq.feet, with an average $4,233 / sq.feet price in Leesburg. The properties with the lowest average prices have 1 bedroom. They are 82 % cheaper than the average followed by properties with 2 bedrooms with a price at $374 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $318,725 it is 85 % cheaper than the average price in Leesburg. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $46,340 it is 25 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $256 / sq.feet followed by "Land" priced at $35,435 / sq.feet. "Land" is the most costly type of property with a $35,435 / sq.feet cost followed by "House" with an average price of $256 / sq.feet.
