The prices in real estate in Black, 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 Black has increased strongly during the last 6 months. In November, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $203. In the following two months the price per sq.feet has barely changed, going from $101.5 to $101.5 per sq.feet. The price per sq.feet has had a considerable increase of 830 % 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 $101.5 to $842 during March, and April.
Based upon to the price in Black (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is . During December the price went through a considerable rise reaching $195,000. In the following two months the average price has remained the same with regard to the previous two months from $97,500 to $97,500. During the last two months the average price has had a strong fall compared to the previous four going from $97,500 to $78,166.5, which means a 80 % fall.