The prices in real estate in Owens Cross Roads, in the Alabama region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Owens Cross Roads has increased during the last 6 months. In September, the average price per sq.feet was $128. In October this price pretty much remained the same at a value of $130 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $129 to $133.5 per sq.feet. The price per sq.feet has increased 106 % 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 $131.25 to $138.5 during January, and February.
Based upon to the price in Owens Cross Roads (cities), this has gone up in the last 6 months. In our first sample month during September, the average price is $399,762. In October This price remains at $413,143. In the following two months the average price has remained the same with regard to the previous two months from $406,452.5 to $425,327. 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 $415,889.75 and $422,425 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $443,461 they are 50 % more affordable than the average price for Owens Cross Roads. The properties with the lowest average price have 2 bedrooms, Their price is 46 % cheaper than the average. After that we have properties with 1 bedroom priced at $223,304.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $85 / sq.feet, with an average $142 / sq.feet price in Owens Cross Roads. The properties with the lowest average prices have 2 bedrooms. They are 37 % cheaper than the average followed by properties with 1 bedroom with a price at $85 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $443,461 it is 58 % cheaper than the average price in Owens Cross Roads. "House" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Duplex". At a price of $286,601 it is 35 % 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 $60 / sq.feet followed by "Duplex" priced at $67 / sq.feet. "House" is the cheapest type of property with a $90 / sq.feet value followed by "Townhouse" with an average price of $74 / sq.feet.