The average price in the Alabama region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per sq.feet in Alabama has increased in the last 6 months. During May, the average price per sq.feet was $121. The following month (June) the price had a considerable increase reaching $140 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from $130.5 to $132.5 per sq.feet. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.feet of $131.5 to $130.5 during September and October.
Based upon to the price in Alabama(region), this has increased in the last 6 months. In the first month sample for May the average price is $274,262. During June it went through a strong inflation reaching $316,018 In the following two months the average price didn't change much compared to the previous two going from $295,140 to $286,391. During the last two months the price has reduced 95 % compared to the previous average values going from $290,765.5 a $275,685 in September and October.
The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 31 % more affordable than the average price in Alabama followed by those with 3 with an average price of $216,982. The most costly properties have 4 bedrooms. They are 48 % more expensive than the average followed by those properties with 1 bedroom priced at $230,621.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $118 / sq.feet being $120 / sq.feet the average value within the Alabama region. The properties with the most expensive average price are those with 1 bedroom. These are 191 % more costly than the average followed by those with 2 bedrooms with a price of $158 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $260,611 it is 85 % more affordable than the average in Alabama. This is followed by "Apartment" with a price of $253,764. The dearest property type is "Commercial" and is 241 % more expensive than the average, followed by "Condo" with a cost of $322,286.
Based on the average cost per sq.feet the cheapest property type is "Land with a an average cost of $12 / sq.feet, followed by "House" with a price of $120 / sq.feet. "Commercial" with an average price of $3,181 / sq.feet is the most costly type of property followed by "Apartment" at a price of $2,380 / sq.feet.