Property prices for sale in Spanish Fort (Alabama)
The prices in real estate in Spanish Fort, 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 Spanish Fort has increased during the last 6 months. In October, the average price per sq.feet was $909. In the following month the price per sq.feet decreased considerably to $189. The price for the following two months in (December, January) had a considerable increment of 394 %. The price per sq.feet has had a considerable deflation of 14 % 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 $1,357.25 to $195 during February, and March.
Based upon to the price in Spanish Fort (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $357,517. During November the price went through a considerable rise reaching $425,581. In the following two months the average price has remained the same with regard to the previous two months from $391,549 to $401,023. 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 1 bedroom are the cheapest ones. At a price of $419,151 they are 98 % more affordable than the average price for Spanish Fort. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 3 bedrooms priced at $333,872.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $10 / sq.feet, with an average $192 / sq.feet price in Spanish Fort. The properties with the lowest average prices have 4 bedrooms. They are 3 % cheaper than the average followed by properties with 3 bedrooms with a price at $182 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $419,151 it is 58 % cheaper than the average price in Spanish Fort. "Detached House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $272,424 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $41 / sq.feet followed by "House" priced at $187 / sq.feet. "Apartment" is the most costly type of property with a $61,739 / sq.feet cost followed by "House" with an average price of $187 / sq.feet.
