Property prices for sale in Pinson (Alabama)
The prices in real estate in Pinson, 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 Pinson has increased strongly during the last 6 months. In October, the average price per sq.feet was $144. In November this price pretty much remained the same at a value of $142 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $143 to $144.5 per sq.feet. The price per sq.feet has had a considerable increase of 631 % 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 $143.75 to $906.5 during February, and March.
Based upon to the price in Pinson (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $253,863. In November This price remains at $245,212. In the following two months the average price has remained the same with regard to the previous two months from $249,537.5 to $249,427.5. 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 $249,482.5 and $257,172 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 $256,703 they are 79 % more affordable than the average price for Pinson. The properties with the lowest average price have 1 bedroom, Their price is 36 % cheaper than the average. After that we have properties with 3 bedrooms priced at $140,938.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $57 / sq.feet, with an average $1,667 / sq.feet price in Pinson. The properties with the lowest average prices have 2 bedrooms. They are 71 % cheaper than the average followed by properties with 3 bedrooms with a price at $418 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $256,703 it is 49 % cheaper than the average price in Pinson. "Condo" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $130,722 it is 37 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $48 / sq.feet followed by "House" priced at $305 / sq.feet. "House" is the cheapest type of property with a $305 / sq.feet value followed by "Condo" with an average price of $48 / sq.feet.
