The prices in real estate in Dolomite, 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 Dolomite has increased strongly during the last 6 months. In October, the average price per sq.feet was $74. In the following month the price per sq.feet increased considerably to $106. In the following two months the price per sq.feet has barely changed, going from $90 to $94 per sq.feet. The price per sq.feet has increased 106 % 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 $92 to $97.5 during February, and March.
Based upon to the price in Dolomite (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $104,363. During November the price went through a considerable rise reaching $132,822. During the following two months (December, January) the price has had an average incrementation from $118,592.5 to $133,583. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.