The prices in real estate in Florala, 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 Florala has increased strongly during the last 6 months. In November, the average price per sq.feet was $418. In the following month the price per sq.feet decreased considerably to $207. The price for the following two months in (January, February) had a considerable increment of 932 %. The price per sq.feet has had a considerable increase of 358 % 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 $1,612.5 to $5,774.5 during March, and April.
Based upon to the price in Florala (cities), this has fallen considerably in the last 6 months. The average price for November is $322,687. During December the price had a considerable reduction till $131,471. During the following two months (January, February) the price has had an average incrementation from $227,079 to $256,076.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $241,577.75 to $223,444 in March and April.