Property prices for sale in Wedowee (Alabama)
The prices in real estate in Wedowee, in the Alabama region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Wedowee has fallen in the last 6 months. In October, the average price per sq.feet was $10,936. In the following month the price per sq.feet decreased considerably to $8,070. The price for the following two months in (December, January) had a considerable decrease of 70 with regard to the prior two months. The price per sq.feet has had a considerable increase of 167 % 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 $8,097.5 to $13,533 during February, and March.
Based upon to the price in Wedowee (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $364,001. During November the price went through a considerable rise reaching $505,374. During the following two months (December, January) the price has had an average incrementation from $434,687.5 to $485,578. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $460,132.75 to $423,983 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 $425,923 they are 41 % more affordable than the average price for Wedowee. The properties with the highest average price have 4 bedrooms, Their price is 67 % more costly than the average. After that we have properties with 3 bedrooms priced at $470,384.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $177 / sq.feet, with an average $16,078 / sq.feet price in Wedowee. The properties with the lowest average prices have 1 bedroom. They are 97 % cheaper than the average followed by properties with 4 bedrooms with a price at $256 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $425,923 it is 71 % cheaper than the average price in Wedowee. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $469,580 it is 46 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $168 / sq.feet followed by "House" priced at $233 / sq.feet. "Land" is the most costly type of property with a $61,632 / sq.feet cost followed by "House" with an average price of $233 / sq.feet.
