The prices in real estate in Axis, 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 Axis has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,533. In the following month the price per sq.feet decreased considerably to $279. The price for the following two months in (January, February) had a considerable increment of 621 %. The price per sq.feet has had a considerable increase of 270 % 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 $3,264.25 to $8,813.5 during March, and April.
Based upon to the price in Axis (cities), this has fallen considerably in the last 6 months. The average price for November is $236,036. During December the price had a considerable reduction till $141,238. During the following two months (January, February) the average price had a considerable reduction of 55 % 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 risen strongly 131 % during the last two months.