The prices in real estate in Mobile, 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 Mobile has increased strongly during the last 6 months. In August, the average price per sq.feet was $73. In the following month the price per sq.feet increased to $79. The price for the following two months in (October, November) had a considerable increment of 232 %. The price per sq.feet has had a considerable increase of 280 % 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 $126 to $353 during December, and January.
Based upon to the price in Mobile (cities), this has gone downing the last 6 months. In our first sample month during August, the average price is $160,666. In September This price remains at $164,595. During the following two months (October, November) the average price had a considerable reduction of 54 % 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 140 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of $189,334 in Mobile. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % cheaper than the average price of ($342 / sq.feet) in Mobile. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Mobile we can see that the cheapest property type is "House" at a price of $189,334, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $342 / sq.feet. "House" with an average cost of $342 / sq.feet has the lowest price and would be directed at less affluent cities.