Property prices for sale in Theodore (Alabama)
The prices in real estate in Theodore, 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 Theodore has increased strongly during the last 6 months. In November, the average price per sq.feet was $146. In December this price pretty much remained the same at a value of $151 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 312 %. The price per sq.feet has had a considerable increase of 1500 % 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 $306 to $4,589 during March, and April.
Based upon to the price in Theodore (cities), this has gone downing the last 6 months. The average price for November is $298,595. During December the price had a slight fall till $273,205. During the following two months (January, February) the average price fell 95 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $320,149 they are 46 % more affordable than the average price for Theodore. The properties with the lowest average price have 1 bedroom, Their price is 3 % cheaper than the average. After that we have properties with 2 bedrooms priced at $171,584.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $516 / sq.feet, with an average $202 / sq.feet price in Theodore. The properties with the highest average prices have 2 bedrooms. They are 183 % more expensive than the average followed by properties with 1 bedroom with a price at $516 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $320,149 it is 46 % cheaper than the average price in Theodore. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "Townhouse". At a price of $304,054 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $88 / sq.feet followed by "House" priced at $572 / sq.feet. "Townhouse" is the most costly type of property with a $10,107 / sq.feet cost followed by "House" with an average price of $572 / sq.feet.
