The prices in real estate in Meridianville, 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 Meridianville has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $5,735. In the following month the price per sq.feet decreased considerably to $1,020. The price for the following two months in (May, June) had a considerable increment of 124 %. 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 $3,777 to $3,718.5 during July y August
Based upon to the price in Meridianville (cities), these have remained the same in the last 6 months. The price in March is $356,769, rising in April till $391,850. In the following two months the average price has remained the same with regard to the previous two months from $374,309.5 to $363,007. 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 $368,658.25 and $352,474 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $349,715 they are 40 % more affordable than the average price for Meridianville. The properties with the lowest average price have 1 bedroom, Their price is 35 % cheaper than the average. After that we have properties with 2 bedrooms priced at $210,433.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $25 / sq.feet, with an average $3,556 / sq.feet price in Meridianville. The properties with the lowest average prices have 1 bedroom. They are 90 % cheaper than the average followed by properties with 2 bedrooms with a price at $25 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $349,715 it is 40 % cheaper than the average price in Meridianville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $209,135 it is 40 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $24 / sq.feet followed by "House" priced at $25 / sq.feet. "House" is the cheapest type of property with a $25 / sq.feet value followed by "Apartment" with an average price of $24 / sq.feet.