The prices in real estate in Wetumpka, in the Alabama region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Wetumpka has increased during the last 6 months. In November, the average price per sq.feet was $104. In December this price pretty much remained the same at a value of $103 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $103.5 to $112.5 per sq.feet. The price per sq.feet has increased 106 % 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 $108 to $114.5 during March, and April.
Based upon to the price in Wetumpka (cities), this has gone up in the last 6 months. The average price for November is $237,229. During December the price had a slight fall till $206,196. During the following two months (January, February) the average price had a considerable increase of 130 % 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 106 % 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 $269,941 they are 39 % more affordable than the average price for Wetumpka. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $279,047.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $91 / sq.feet, with an average $117 / sq.feet price in Wetumpka. The properties with the lowest average prices have 4 bedrooms. They are 15 % cheaper than the average followed by properties with 3 bedrooms with a price at $96 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $269,941 it is 24 % cheaper than the average price in Wetumpka. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $204,381 it is 20 % 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 $90 / sq.feet followed by "Commercial" priced at $97,670 / sq.feet. "Commercial" is the most costly type of property with a $97,670 / sq.feet cost followed by "House" with an average price of $90 / sq.feet.