Property prices for sale in Muscle Shoals (Alabama)
The prices in real estate in Muscle Shoals, 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 Muscle Shoals has remained the same in the last 6 months. In October, the average price per sq.feet was $342. In the following month the price per sq.feet decreased considerably to $195. The price for the following two months in (December, January) had a considerable decrease of 67 with regard to the prior two months. The price per sq.feet has had a considerable increase of 240 % 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 $224.75 to $540 during February, and March.
Based upon to the price in Muscle Shoals (cities), this has gone downing the last 6 months. The average price for October is $469,699. During November the price had a slight fall till $431,447. During the following two months (December, January) the average price had a considerable reduction of 83 % with regard to the previous two months. 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 $412,155.5 and $418,579 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $388,095 they are 42 % more affordable than the average price for Muscle Shoals. The properties with the lowest average price have 1 bedroom, Their price is 41 % cheaper than the average. After that we have properties with 3 bedrooms priced at $226,178.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $1,608 / sq.feet, with an average $877 / sq.feet price in Muscle Shoals. The properties with the highest average prices have 1 bedroom. They are 86 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,618 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $388,095 it is 70 % cheaper than the average price in Muscle Shoals. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "Duplex". At a price of $154,285 it is 42 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Duplex" at an average cost of $972 / sq.feet followed by "Land" priced at $1,608 / sq.feet. "Condo" is the most costly type of property with a $2,770 / sq.feet cost followed by "Land" with an average price of $1,608 / sq.feet.
