The prices in real estate in Coffee Springs, in the Alabama region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Coffee Springs has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,939. In the following month the price per sq.feet decreased considerably to $641. The price for the following two months in (December, January) had a considerable increment of 123 %. The price per sq.feet has had a considerable increase of 126 % 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 $1,993.25 to $2,509 during February, and March.
Based upon to the price in Coffee Springs (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $402,763. During November the price went through a considerable rise reaching $599,915. During the following two months (December, January) the average price had a considerable reduction of 79 % 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 90 %, going from $448,980.5 to $403,191 in February and March.