The prices in real estate in Billingsley, 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 Billingsley has increased strongly during the last 6 months. In November, the average price per sq.feet was $12,121. In the following month the price per sq.feet increased considerably to $24,483. The price for the following two months in (January, February) had a considerable increment of 137 %. The price per sq.feet has decreased 90 % 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 $21,699 to $19,595.5 during March, and April.
Based upon to the price in Billingsley (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $163,333. In December This price remains at $164,400. In the following two months the average price has remained the same with regard to the previous two months from $163,866.5 to $170,136.5. During the last two months the average price has had a strong fall compared to the previous four going from $167,001.5 to $86,666.5, which means a 52 % fall.