Property prices for sale in Cherokee (Alabama)

The price per sq.feet in Cherokee has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $36,753. In the following month the price per sq.feet decreased considerably to $18,914. The price for the following two months in (December, January) had a considerable decrease of 15 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 75 % 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 $16,061 to $11,989.5 during February, and March.

Based upon to the price in Cherokee (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $152,919. During November the price went through a considerable rise reaching $200,823. In the following two months the average price has remained the same with regard to the previous two months from $176,871 to $169,745. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.