Property prices for sale in Semmes (Alabama)
The prices in real estate in Semmes, in the Alabama region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Semmes has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $3,105. In the following month the price per sq.feet decreased considerably to $1,523. The price for the following two months in (December, January) had a considerable decrease of 32 with regard to the prior two months. The price per sq.feet has had a considerable increase of 275 % 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 $1,522.75 to $4,189 during February, and March.
Based upon to the price in Semmes (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $266,920. In November This price remains at $277,772. In the following two months the average price has remained the same with regard to the previous two months from $272,346 to $282,594. 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 $277,470 and $271,651 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 $268,563 they are 45 % more affordable than the average price for Semmes. The properties with the lowest average price have 1 bedroom, Their price is 44 % cheaper than the average. After that we have properties with 2 bedrooms priced at $148,121.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $24 / sq.feet, with an average $5,543 / sq.feet price in Semmes. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $24 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $268,563 it is 45 % cheaper than the average price in Semmes. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "House". At a price of $148,121 it is 18 % 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 $24 / sq.feet followed by "Duplex" priced at $43 / sq.feet. "Duplex" is the cheapest type of property with a $43 / sq.feet value followed by "House" with an average price of $24 / sq.feet.
