The prices in real estate in Prattville, 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 Prattville has increased strongly during the last 6 months. In September, the average price per sq.feet was $99. In October this price pretty much remained the same at a value of $102 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $100.5 to $98 per sq.feet. The price per sq.feet has had a considerable increase of 300 % 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 $99.25 to $297.5 during January, and February.
Based upon to the price in Prattville (cities), this has gone downing the last 6 months. In our first sample month during September, the average price is $251,682. In October This price remains at $251,863. In the following two months the average price has remained the same with regard to the previous two months from $251,772.5 to $246,304.5. During the last two months the average price has had a strong fall compared to the previous four going from $249,038.5 to $204,634.5, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $208,686 they are 26 % more affordable than the average price for Prattville. The properties with the lowest average price have 1 bedroom, Their price is 21 % cheaper than the average. After that we have properties with 2 bedrooms priced at $154,292.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $96 / sq.feet, with an average $119 / sq.feet price in Prattville. The properties with the lowest average prices have 1 bedroom. They are 9 % cheaper than the average followed by properties with 2 bedrooms with a price at $96 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $208,686 it is 27 % cheaper than the average price in Prattville. "Condo" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Apartment". At a price of $154,292 it is 59 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $85 / sq.feet followed by "Condo" priced at $86 / sq.feet. "Townhouse" is the most costly type of property with a $201 / sq.feet cost followed by "Apartment" with an average price of $96 / sq.feet.