Property prices for sale in Pelham (Alabama)
The prices in real estate in Pelham, in the Alabama region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Pelham has fallen in the last 6 months. In October, the average price per sq.feet was $202. In November this price pretty much remained the same at a value of $196 per sq.feet. The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. 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 $190 to $195.5 during February y March
Based upon to the price in Pelham (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $413,807. In November This price remains at $418,253. During the following two months (December, January) the average price fell 91 % 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 gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $430,989 they are 22 % more affordable than the average price for Pelham. The properties with the lowest average price have 1 bedroom, Their price is 22 % cheaper than the average. After that we have properties with 4 bedrooms priced at $335,414.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $82 / sq.feet, with an average $196 / sq.feet price in Pelham. The properties with the lowest average prices have 1 bedroom. They are 56 % cheaper than the average followed by properties with 4 bedrooms with a price at $82 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $430,989 it is 26 % cheaper than the average price in Pelham. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $330,409 it is 22 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $58 / sq.feet followed by "Townhouse" priced at $67 / sq.feet. "House" is the cheapest type of property with a $82 / sq.feet value followed by "Townhouse" with an average price of $67 / sq.feet.
