Property prices for sale in Summerdale (Alabama)
The prices in real estate in Summerdale, 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 Summerdale has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $9,956. In the following month the price per sq.feet decreased considerably to $8,069. The price for the following two months in (December, January) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $6,760.5 to $6,448 during February y March
Based upon to the price in Summerdale (cities), this has gone up considerably in the last 6 months. The price in October is $376,983, rising in November till $431,582. During the following two months (December, January) the price has had an average incrementation from $404,282.5 to $432,651.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % 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 $445,090 they are 24 % more affordable than the average price for Summerdale. The properties with the highest average price have 3 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 2 bedrooms priced at $426,333.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $191 / sq.feet, with an average $6,174 / sq.feet price in Summerdale. The properties with the lowest average prices have 3 bedrooms. They are 95 % cheaper than the average followed by properties with 2 bedrooms with a price at $271 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $445,090 it is 30 % cheaper than the average price in Summerdale. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Land". At a price of $535,918 it is 50 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $63 / sq.feet followed by "House" priced at $248 / sq.feet. "Land" is the most costly type of property with a $49,641 / sq.feet cost followed by "Detached House" with an average price of $250 / sq.feet.
