Property prices for sale in Springville (Alabama)
The prices in real estate in Springville, 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 Springville has increased strongly during the last 6 months. In October, the average price per sq.feet was $572. In the following month the price per sq.feet decreased considerably to $180. The price for the following two months in (December, January) had a considerable increment of 211 %. The price per sq.feet has had a considerable increase of 142 % 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 $584.25 to $831.5 during February, and March.
Based upon to the price in Springville (cities), this has gone up in the last 6 months. The price in October is $327,463, rising in November till $347,924. In the following two months the average price has remained the same with regard to the previous two months from $337,693.5 to $335,859.5. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % 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 $322,236 they are 41 % more affordable than the average price for Springville. The properties with the lowest average price have 2 bedrooms, Their price is 41 % cheaper than the average. After that we have properties with 1 bedroom priced at $190,414.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $48 / sq.feet, with an average $1,468 / sq.feet price in Springville. The properties with the lowest average prices have 1 bedroom. They are 97 % cheaper than the average followed by properties with 2 bedrooms with a price at $48 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $322,236 it is 41 % cheaper than the average price in Springville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $190,478 it is 41 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $47 / sq.feet followed by "House" priced at $48 / sq.feet. "House" is the cheapest type of property with a $48 / sq.feet value followed by "Apartment" with an average price of $47 / sq.feet.
