Property prices for sale in Northport (Alabama)
The prices in real estate in Northport, 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 Northport has increased strongly during the last 6 months. In October, the average price per sq.feet was $173. In the following month the price per sq.feet increased to $183. In the following two months the price per sq.feet has increased 113 %, going from $178 to $202 per sq.feet. The price per sq.feet has had a considerable increase of 479 % 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 $190 to $909.5 during February, and March.
Based upon to the price in Northport (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $366,787. In November This price remains at $379,055. In the following two months the average price has remained the same with regard to the previous two months from $372,921 to $370,911.5. 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 $371,916.25 and $377,673 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $384,410 they are 44 % more affordable than the average price for Northport. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 3 bedrooms priced at $330,517.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $189 / sq.feet, with an average $1,188 / sq.feet price in Northport. The properties with the lowest average prices have 1 bedroom. They are 73 % cheaper than the average followed by properties with 2 bedrooms with a price at $226 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $384,410 it is 53 % cheaper than the average price in Northport. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $202,847 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $33 / sq.feet followed by "House" priced at $187 / sq.feet. "Land" is the most costly type of property with a $65,227 / sq.feet cost followed by "Condo" with an average price of $189 / sq.feet.
