The prices in real estate in Opelika, 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 Opelika has remained the same in the last 6 months. In November, the average price per sq.feet was $135. In December this price pretty much remained the same at a value of $135 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $135 to $135.5 per sq.feet. 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 $135.25 to $133 during March y April
Based upon to the price in Opelika (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $313,810. In December This price remains at $302,093. In the following two months the average price has remained the same with regard to the previous two months from $307,951.5 to $311,315. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $309,633.25 to $289,213.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $291,356 they are 24 % more affordable than the average price for Opelika. The properties with the lowest average price have 1 bedroom, Their price is 19 % cheaper than the average. After that we have properties with 2 bedrooms priced at $224,460.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $81 / sq.feet, with an average $135 / sq.feet price in Opelika. The properties with the lowest average prices have 1 bedroom. They are 32 % cheaper than the average followed by properties with 2 bedrooms with a price at $91 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $291,356 it is 40 % cheaper than the average price in Opelika. "Farm" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $216,113 it is 24 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $81 / sq.feet followed by "Farm" priced at $116 / sq.feet. "Duplex" is the most costly type of property with a $275 / sq.feet cost followed by "Farm" with an average price of $116 / sq.feet.