The prices in real estate in Brent, 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 Brent has increased strongly during the last 6 months. In November, the average price per sq.feet was $124. In the following month the price per sq.feet increased to $136. In the following two months the price per sq.feet has barely changed, going from $130 to $127 per sq.feet. The price per sq.feet has had a considerable increase of 216 % 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 $128.5 to $278 during March, and April.
Based upon to the price in Brent (cities), these have remained the same in the last 6 months. The average price during our first sample month during November, is $269,764. During December the price went through a considerable rise reaching $322,413. During the following two months (January, February) the average price fell 88 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $279,061.75 to $263,435.5 in March and April.