Property prices for sale in Talladega (Alabama)
The prices in real estate in Talladega, 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 Talladega has increased strongly during the last 6 months. In October, the average price per sq.feet was $159. In November this price pretty much remained the same at a value of $156 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $157.5 to $168 per sq.feet. The price per sq.feet has had a considerable increase of 746 % 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 $162.75 to $1,214.5 during February, and March.
Based upon to the price in Talladega (cities), these have remained the same in the last 6 months. The price in October is $217,164, rising in November till $237,092. In the following two months the average price has remained the same with regard to the previous two months from $227,128 to $226,601.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $226,864.75 to $215,133 in 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 $233,170 they are 16 % more affordable than the average price for Talladega. The properties with the highest average price have 4 bedrooms, Their price is 50 % more costly than the average. After that we have properties with 1 bedroom priced at $238,261.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $126 / sq.feet, with an average $1,384 / sq.feet price in Talladega. The properties with the lowest average prices have 1 bedroom. They are 78 % cheaper than the average followed by properties with 2 bedrooms with a price at $160 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $233,170 it is 48 % cheaper than the average price in Talladega. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $222,673 it is 46 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $120 / sq.feet followed by "Land" priced at $12,482 / sq.feet. "Land" is the most costly type of property with a $12,482 / sq.feet cost followed by "House" with an average price of $120 / sq.feet.
