Property prices for sale in Tuscumbia (Alabama)
The prices in real estate in Tuscumbia, 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 Tuscumbia has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $409. In the following month the price per sq.feet decreased considerably to $268. In the following two months the price per sq.feet has barely changed, going from $338.5 to $330 per sq.feet. The price per sq.feet has had a considerable deflation of 47 % 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 $334.25 to $158 during February, and March.
Based upon to the price in Tuscumbia (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $282,746. In November This price remains at $274,613. In the following two months the average price has remained the same with regard to the previous two months from $278,679.5 to $275,868. 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 showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 64 % cheaper than the average price of $95,001 in Tuscumbia. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 64 % more affordable than the average aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $262,638 it is 75 % cheaper than the average price in Tuscumbia. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $66,835 it is 60 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $38 / sq.feet followed by "Apartment" priced at $3,298 / sq.feet. "Apartment" is the most costly type of property with a $3,298 / sq.feet cost followed by "House" with an average price of $38 / sq.feet.
